The Long-Range Financial Plans I and II focused on identifying capital infrastructure requirements for the newly amalgamated City of Ottawa and examined available funding sources. Strategies and recommendations were provided and implemented to assist Council in addressing significant funding "gaps" identified in those reports.

The Ottawa Police Service 2007 operating forecast, as identified in the 2006 budget process, has been adjusted by Police Service staff and has been included in the overall forecast. Police Service staff have also provided a high-level forecast for 2008 to 2010. A separate detailed Police Service LRFP report will be produced and tabled with the Ottawa Police Services Board.

The 2007-2010 forecast for tax-supported programs provides Council and residents with a high-level overview of estimated expenditures and anticipated revenues over the next four years, based on the best available information at this time. These estimates will be further refined and adjusted during the upcoming weeks as departments develop their draft budget requirements. These changes along with Council's direction to staff through the companion report - Budget Directions - to LRFP III (Part 2) will be incorporated into the draft budget estimates to be tabled in February 2007.

The 2008 to 2010 forecasts will be tabled with Council for information, rather than approval. These forecasts will form the basis for subsequent annual budget cycles.

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