Lifecycle Reserves & Capital Assets

Request #

IR-23-18

Are there potential policy changes that would allow capital assets that are funded through lifecycles reserves, to be ordered in advance of the year they are funded? For example, mobile equipment that we know will need to be replaced within the next 2-3 years and require more than one year for delivery.

Requested by Mayor Heron on May 16, 2023

Administrative Response

The following backgrounder report was prepared by Financial Services/Public Operations for Council's review.

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The Public and Villeneuve Road Construction
IR-23-17