Financial Pressure Points

Friday we have our first budget meeting to discuss goals and objectives. As we discuss our goals and objectives here are some things I am concerned about for Kindersley's future.

• Asset Cost Recovery, better known as "Infrastructure Deficit" of ~$40 million
• Expansion of Sanitation Lagoon,
• We are a growing community and though we have capacity for today and tomorrow, what about the day after tomorrow?
• Expansion of Water Treatment Plan,
• We are a growing community and though we have capacity for today and tomorrow, what about the day after tomorrow?
• Need for a New Ladder Truck for the Fire Department,
• More stories but also better access to the back of other buildings;
• Need for a New Fire Hall,
• More equipment and training will be needed;
• Implementing recommendations from the Traffic Study;
• Phase 2 Multi Use Facility ranging from ~$27 million to ~$65 million,
• this is important for our quality of life and our ability to recruit new neighbours and help them to stay (besides our friendliness);
• Design considerations to enhance our, and visitors and newcomers, experience of Kindersley,
• do our designs make us safe, make our community more enjoyable, easier to work and play and live;
• Adequate reserves for the unexpected including:
• unknown known events (stuff breaks or something happens),
• known unknown (such as fires, water line breakage, broken stop lights, etc.)
• unknown unknown (that really happened?)
• Have I forgotten something?
• Do you have a suggestion?

We have some tough discussions coming up regarding how best to ensure that Kindersley is a socially and economically vibrant community. Helping us think through the ideas and talk about them so we can make the informed decisions are some tools we have been developing including:

• Official Community Plan
• Growth Plan
• Long Term Finance Plan
• Long Term Infrastructure Plan
• Asset Management Plan
• Strategic Plan

Tough decisions.