1. 2016-2018 Mayor McDonald’s Plan

2. Objectives of Plan Reasonable tax levy Preserve City services Protection of capital investment Reduction of debt Reserve preservation Investment in growth Multi-year plan

3. Projected Outcome of Plan 201520162017201820192020202120222023 Personnel 38,128,112 39,434,407 40,324,781 41,243,459 42,191,614 43,170,473 44,181,322 45,225,504 46,304,428 Goods and Services 18,500,489 19,660,929 20,103,172 20,679,163 21,440,989 22,240,895 23,081,296 23,964,791 24,894,177 Financial Expenses 10,440,249 10,663,749 10,572,850 10,502,752 10,439,740 10,663,106 10,693,102 10,660,789 10,944,339 Capital/Reserve Transactions 10,019,572 9,836,149 9,968,120 10,080,310 10,756,463 11,147,314 11,732,640 12,381,411 12,715,486 ABC's 36,268,596 37,081,880 37,913,715 38,764,529 39,634,763 40,524,866 41,435,299 42,366,534 43,319,053 Internal Transfers 3,054,575 3,084,841 3,115,410 3,146,692 3,178,296 3,210,223 3,242,479 3,275,066 3,307,987 Revenue (37,065,961) (38,846,925) (38,662,557) (38,819,301) (37,102,027) (37,086,217) (37,146,435) (37,207,857) (37,270,507) Grand Total 79,345,632 80,915,031 83,335,490 85,597,604 90,539,836 93,870,660 97,219,703 100,666,237 104,214,963 Levy %1.98%2.99%2.71%5.77%3.68%3.44%3.55%3.53%

4. Components of Plan Consider calling Hydro Distribution and Hydro Services Loans (Retain full ownership of Hydro) o $25.6 million total over 3 years Allocation of funds o Capital - $4 million a year for 3 years o Operating 2016$2,090,000 2017$1,750,000 2018$2,000,000

5. Components continued Reduce annual debt issuance from 8.5 million to 5 million Settle Hospital commitment Eliminate the use of Stabilization fund ($390,000) Invest in Community Development (CIP) o 2016$500,000 o 2017$250,000 o 2018$100,000 CAO continues to have annual savings target of $200,000

6. Projected Outcomes of the Plan Debt 2015-2024 year end reduced by $9.9 million

7. Projected Outcomes of the Plan Annual Capital Investment Increase 2016-2024 $3.6 million o Provincial and Federal Grants not included

8. Other Projected Outcomes of the Plan Retain our flexibility Reduced pressure on Tax Levy o 20161.98% o 2017 2.99% o 2018 2.71%