1. That the report entitled Draft 2019 Operating and Capital Budgets dated February 25, 2019 be received; and,
2. That the draft 2019 Operating Budget with expenditures of $131,460,319 be approved, which is comprised of the following components;
$62,974,247 for the Town portion
$17,542,965 for Central York Fire Services (Newmarket's share)
$3,603,459 for the Library portion
$1,810,000 for the Mulock Farm levy
$30,000 for the Newmarket Business Improvement Area (BIA)
$19,003,283 for the Water Rate Group
$21,669,086 for the Wastewater Rate Group
$2,069,804 for the Stormwater Management Rate Group
$2,757,475 for the Building Permit Rate Group
3. And that the draft 2019 Capital Budget with new expenditures of $ 27,529,765 be approved; and
4. That the draft 2019 Operating and Capital Budgets be forwarded to the Council meeting of March 4, 2019 for final approval; and
5. That Staff be authorized and directed to do all things necessary to give effect to this resolution.