Armstrong’s five-year financial plan is getting a makeover.
The city prepares a budget amendment bylaw every year in the fall to ratify changes of scope to existing projects.
“The community charter allows for an unlimited number of budget amendment bylaws each year, but the city normally only processes one amendment bylaw for ease of administration,” said chief financial officer Terry Martens in a report to council.
The net affect for changes to three projects amounts to $75,200.
Renovations at the Armstrong Spallumcheen fire hall are underway with an original provision of $700,000 for the project evenly divided between 2015 and 2016 with full funding from borrowing.
Council approved additional funding of $75,000 from prior years’ surplus to deal with additional aspects of the project for 2016.
The amendment ratifies the decision.
The water master plan will see an additional cost of $14,300 to include the optional planning relating to potential dissolution of water districts in the Township of Spallumcheen and the effects on the city.
The township agreed to pay $11,800 so the city has to come up with $2,500, which will come from federal gas tax reserves.
As the project will span two years, Martens said the amendment will shift a portion of the project to 2016.
A city systems audit will cost $6,000, which was in the original budget. But the city received a provincial grant for $5,500.
Council unanimously gave three readings to the bylaw amendment, though Paul Britton was absent from the regular meeting.