That the Transit Services Committee confirm the Minutes* of the meeting of 27 January 1998.

*To be issued separately.

That the Transit Services Committee consider, for recommendation to Council, the 1999 Draft Operating Estimates and the 1999 Draft Capital Estimates and 10-Year Capital Forecast for the Transit Services Committee, as Tabled with Council on 25 November 1998.

The Budget Sub-Committee was constituted to review the 1999 Regional budget in an effort to maintain the net taxation requirement for Regional programs at 1998 levels;

The Budget Sub-Committee acknowledges the 1999 budget challenges and reduction initiatives as outlined in the Chief Administrative Officer and Finance Commissioner’s Joint Report dated 18 January 1999 entitled "1999 Draft Estimates - Budget Reductions and Adjustments Options";

The Budget Sub-Committee recommends the Standing Committees consider the 18 January 1999 Joint Report, the Budget Sub-Committee comments of 20 January 1999, and any other initiatives or alternatives that the Standing Committees deem advisable to reduce the departments’ 1999 budgetary requirements in an effort to maintain net taxation requirements at 1998 levels.