At the Committee of the Whole (COTW) meeting on Tuesday, March 5, David Hallinan, the City's Corporate Services Director, provided an overview of numerous changes to the November 2023 provisional budget, resulting in a taxation funding change amounting to a 9.45% increase. This increase incudes funding for the Build Kamloops initiative in the amount of 1.0%.

The COTW was asked to provide direction on the Supplemental Budget Items proposed for the 2024 budget cycle. The COTW made recommendations regarding each supplemental item as to its inclusion in the 2024–2028 Five-Year Financial Plan an funding sources for each item recommended for inclusion. The recommendations were as follows:

24.1 Council request - KFR Medical Response Unit
Recommended	Cost	Funding Source	Tax %	Year
NO	$1,079,000	Working Capital/Taxation	0.53%	2024

• Council passed a motion to bring the request back to the Safety and Security Select Committee to gather more information and have further discussion.

24.2 Council request - Funding Agreements
Recommended	Cost	Funding Source	Tax %	Year
YES	$136,000	Taxation	0.10%	2024

24.3 Community request - Todd Road Sidewalk
Recommended	Cost	Funding Source	Tax %	Year
NO	$1,700,000	Long-term debt	0%	2025-26

24.4 Community request - Rose Hill Road Pedestrian Pathway
Recommended	Cost	Funding Source	Tax %	Year
NO	$2,000,000	Long-term debt	0%	2026-27

24.5 Community request - 500 Block Victoria Street Streetscape
Recommended	Cost	Funding Source	Tax %	Year
YES	$3,100,000	Gaming/Short-term borrow	0%	2026

24.6 Solid Waste Truck Technology
Recommended	Cost	Funding Source	Tax %	Year
NO	$271,750	Solid Waste Reserve	0%	2024-26

24.7 Drainage Program Capital Funding Increase
Recommended	Cost	Funding Source	Tax %	Year
YES	$2,200,000	Taxation	< 1.5%	2025

24.8 Heritage house Parking Area
Recommended	Cost	Funding Source	Tax %	Year
YES	$50,000	Gaming	0%	2024

The COTW also recommended that Council:

• Allocate an additional $1,000,000 from the Asset Management Reserve to the Sandman Center Roof Replacement project in 2027
• Allocate the funding identified at 1% to the New Capital Assets Reserves in support of the Build Kamloops program
• Allocate from the Canada Community-Building Fund (Community Works Reserve), provided that the allocation remains compliant with the program the amounts of $2,000,000 in 2024, $2,000,000, in 2025, and $1,000,000 in 2026 to be used in support of the Build Kamloops Program

These decisions will result in a 0.10% increase in taxation funding for 2024. With the inclusion of these Supplementals, the City’s overall taxation funding increase is 9.55% or approximately $238.73 for the average assessed property in Kamloops.

View the full report.
View the presentation within the COTW meeting slide deck.