Refer Mayor's Budget Task Force Motion

Motion 31 · Council Meeting, April 11, 2023

Referred Moved by Mike Klassen, Lenny Zhou

Summary

Motion supporting Mayor Ken Sim's appointment of a Mayor's Budget Task Force, a Type D advisory body of six volunteer financial professionals (CPAs and CFAs).
Task Force to review the City's operating and capital budgets on a line-item basis, identify efficiencies and potential new revenue streams, and report back before the October 17, 2023 Council meeting to inform the 2024 budget process.
VPD, Vancouver Park Board, and Vancouver Public Library excluded from scope.
Context: the 2023 operating budget included a 10.7% property tax increase, described in the motion as unsustainable.
Referred to the Standing Committee on City Finance and Services on April 12, 2023, for speakers and debate.