2017–2021 Financial Plan 2017–2021 Financial Plan
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City of Burnaby BRITISH COLUMBIA, CANADA 2017–2021 Financial Plan 2017–2021 Financial Plan City of Burnaby, British Columbia, Canada Produced by the Finance Department at the City of Burnaby in cooperation with all civic departments. Burnaby Panorama Contents MESSAGE FROM THE MAYOR 4 BURNABY AT A GLANCE 8 ORGANIZATION & STRUCTURE 16 STRATEGIC DIRECTIONS 28 CONSOLIDATED REVENUES FINANCIAL PLAN OVERVIEW 42 & EXPENDITURES 120 TAX LEVIES & ASSESSMENTS 50 CAPITAL PLAN 126 OPERATING PLAN 68 Capital Plan Summary 134 Office of the City Manager 136 Summary of Expenditures & Revenue 72 Public Safety & Community Services 144 Provision from General Revenue 73 Engineering 151 City Council 74 Finance 175 Schedule of Donation and Grant Expenditures 76 Planning & Building 177 Office of the City Manager 80 Parks, Recreation & Cultural Services 181 Office of the City Manager 82 City Clerk 84 GLOSSARY 200 Citizen Support Services 86 Legal Services 88 Human Resources 90 Burnaby Public Library 92 Information Technology 94 Public Safety & Community Services 96 Business Licence & Property Management 100 Fire 102 RCMP Burnaby Detachment 104 Engineering 106 Finance 112 Planning & Building 114 Parks, Recreation & Cultural Services 116 Fiscal Items 118 Message from the Mayor On behalf of Burnaby City Council, it’s my pleasure to present the 2017-2021 Financial Plan. Twenty-sixteen saw significant growth and achievements in our city. This plan recognizes Burnaby’s major accomplishments and sets out the city’s plan to continue to respond to the needs and expectations of our citizens and businesses. It focuses our efforts, recognizing our past year’s successes and setting priorities for Burnaby’s future. Development remained robust – with $819 million in building permits, compared to $879 million last year, the highest in our city’s history. We welcome this development because it accommodates thousands of new residents without using more land, adds valuable community amenities, protects parkland and single-family neighbourhoods, supports rapid transit, and creates the sustainable communities we planned more than 20 years ago. Specifically focused on ensuring Burnaby citizens have access to affordable housing, the City of Burnaby has introduced a significant number of initiatives, detailed in its 2016 Housing Profile. The report sets out the challenging context for developing affordable housing in the Metro Vancouver region, noting the limitations that municipalities have on their ability to address these issues in the absence of provincial and federal funding and policy support. Because Council is determined to ensure that the critically important issue of affordable housing is addressed in a meaningful way, we will continue to lobby the federal and provincial governments to fulfill their mandates – and follow through on their recent commitments – to work with us to address this issue appropriately. 4 Message from the Mayor Mayor Derek Corrigan Message from the Mayor 5 Burnaby has the third largest supply of non-market and Upgrades to optimize existing assets and create new infrastructure cooperative housing in the region, with over 5,300 units. continued throughout the city, including significant improvements One hundred thirty-three new non-market units were under to the city’s Riverside Area, focused on better accommodating construction in 2016. Secondary suites continue to provide a buses and pedestrians, improving drainage, and upgrading ground-oriented rental housing option for Burnaby residents. watermains. Seven hundred ninety-one new secondary suites have been We also enhanced our city’s technology, to improve access to city permitted in 2016 resulting in a total of 1,585 new secondary suites services. As part of its commitment to engagement, transparency since 2013. and accountability, the city launched an Open Data portal on GIS Twenty-sixteen also saw increased interest in the development Day in November. The site allows users to analyze information, of purpose built rental housing, with 1,107 market rental units build apps, combine open datasets using maps, develop new web undergoing rezoning or under construction. and mobile applications, and to meet users’ specific data needs. All city activities respect Burnaby’s commitment to sustainability, In early 2017, we plan to release an updated version of the public and are guided by our official community plan and our award- version of BurnabyMap that will be mobile compatible, allowing winning Economic Development and Social Sustainability users to view geographic data specific to Burnaby on any device, strategies. Our new community-driven Environmental including desktop computers, phones and tablets. Sustainability Strategy (ESS) was adopted by council in November, In all areas, we continue to work with residents to ensure that our as was the Community Energy and Emissions Plan (CEEP). The shared vision for the future of all of our town centres is realized. ESS builds on our many strengths and will make Burnaby an even more livable, healthy and resilient city. The CEEP complements Our ongoing focus on efficiency, partnerships and innovation the ESS, looking at specific opportunities to improve air quality, continues to ensure that the City’s fiscal position remains strong. make buildings more efficient, shift toward more sustain¬able The investment portfolio averaged $930 million during the year transportation, and look for clean and affordable sources of and will provide investment income of more than $43 million to energy. City revenues; an annualized return of just over 3.6%. For 2017, investment income is expected to remain stable at approximately In addition, we provide exceptional recreation opportunities for $40 million. This income helps to reduce city taxes and provides Burnaby citizens. In 2016, Burnaby Mountain Golf Course and funding for the city’s capital investment in infrastructure Driving Range was presented with the PGA of BC’s “Golf Facility of replacement. the Year Award” for the Lower Mainland region. We’re particularly proud of this award, as it is the first time a municipal-owned Our many 2016 achievements are built on our strong history of facility has earned this title. planning and partnerships. Because our community is central to all of our planning process, Burnaby City Council remains The year also saw the replacement of the artificial turf field and confident that the future of the city will further enhance its the paving of an asphalt track at the Cariboo Hill School Park and livability and appeal to citizens and businesses. Thank you to all completion of a new water play area in Edmonds Park. of our citizens, business leaders and non-profit organizations for Work is also advancing on the Transportation Plan update, which the exceptional contributions you make to the development of will explore creative and sustainable ways to manage the City’s Burnaby every day. Thank you, too to city staff for your unfailing transportation needs while contributing to our social, economic commitment to excellence that ensures we continue to meet our and environmental objectives. city’s lofty goals. Together with all of you, Burnaby Council looks forward to realizing our exceptional vision for our city’s future. Mayor Derek Corrigan 6 Message from the Mayor Cedar Place Architectural Drawing Message from the Mayor 7 Burnaby at a Glance FROM 1892 TO 2017 Burnaby was incorporated in 1892 and achieved City status in 1992, one hundred years after incorporation. In the first 30 to 40 years after its incorporation, the growth of Burnaby was influenced by its location between expanding urban centres of Vancouver and New Westminster. It first served as a rural agricultural area supplying nearby markets. As Burnaby and the surrounding communities continued to grow, the character of Burnaby shifted from rural to suburban to urban. Today Burnaby is a dynamic urban community with four vibrant town centres, a civic centre, and many unique neighbourhoods with distinct characters. 98.6 SQUARE KILOMETRES Burnaby occupies 98.6 square kilometres and is located at the geographic centre of Metro Vancouver. Situated between the City of Vancouver to the West and Port Moody, Coquitlam, and New Westminster to the East, the City is further bounded by Burrard Inlet to the North and the Fraser River to the South. The elevation of Burnaby ranges from sea level to a maximum of 1,200 feet (370 metres) atop Burnaby Mountain. Overall, the physical landscape of Burnaby is one of hills, ridges, valleys, and an alluvial plain. The land features and their relative locations have had an influence on the location, type, and form of development in the City. POPULATION 238,728 While Burnaby occupies about 3% of the land area of Metro Vancouver, it accounted for about 9.3% of the Region’s population in 2016. It is the third most populated urban centre in British Columbia with a total population in 2016 of 238,728 (BC Stats Estimate, January 2017). 8 Burnaby at a Glance Aerial View of Burnaby Burnaby at a Glance 9 TIMELINE ECONOMY RECREATION FEATURES 1892 Burnaby incorporated 4 TOWN CENTRES 158 *PARKS 51 EDUCATION which are transit-oriented, high including FACILITIES density, mixed use and in every quadrant of the City 6 Natural Feature Parks 2 Post-Secondary 8 Conservation Areas Brentwood Institutions 15 Ravine Parks Metrotown 41 Elementary Schools 92 Neighbourhood Parks Lougheed 8 Secondary Schools 13 District Parks Edmonds 20 Linear Parks 1952 Burnaby DIVERSE LOCAL 2 GOLF COURSES Hospital and 3 CULTURAL opens ECONOMY 2 PITCH & PUTTS FACILITIES