Taken from the roll call in the town’s own minutes. The minutes record who was not there and almost never why.
What was decided (5 motions)
5 carried, 0 recorded otherwise. Every motion below is printed as the minutes print it.
the Mayor’s 2024 Operating Budget with a proposed net tax levy amount of $243,400,298, and present the budget to the Nov. 21 and Nov. 23 (if required) CSSRA - Budget Committee for review and any amendments made by Council; and Receive the Mayor’s 2024 Capital Budget with a gross amount of $88,556,830, a debenture requirement of $6,900,000, and the 2025-2033 capital forecast with a gross amount of $859,123,570, and a debenture requirement of $24,950,000 as outlined in the 2024 Financial Needs and Multi-Year Forecast (F-35-23) as amended by Council; and That the following items a, b, c and d are subject to any amendments made at the CSSRA Budget Committee November 21, and November 23 and associated Council meeting: a. Administer the debenture in the amount of $6,900,000 in 2024 as tax supported debt; and b. Incorporate the 2024 financial needs and multi-year forecast overview (F-35-23) and accompanying reference document into the Mayor’s 2024 Budget, as amended and noted; and c. Approve that any surplus or deficit resulting from a difference between the actual net assessment growth and the estimated 0.75% net assessment growth be transferred to/from the Tax Rate Stabilization Reserve Fund; and d. Declare that, in accordance with sis. 5(1)5 of the Development Charges Act, 1997 and s. 5 of Ontario Regulation 82/98, it is council’s clear intention that the excess capacity provided by the above-referenced works will be paid for by future development charges.
Moved by Mayor Meed Ward, seconded by Councillor Sharman Receive
Carried
That Item 8.1 Mayors Budget 2024 - be amended to insert the following paragraph " That the following items a, b, c and d are subject to any amendments made at the CSSRA Budget Committee November 21, and November 23 and associated Council meeting: " and that the subsequent clauses be lettered accordingly. a. Administer the debenture in the amount of $6,900,000 in 2024 as tax supported debt; and b. Incorporate the 2024 financial needs and multi-year forecast overview (F-35-23) and accompanying reference document into the Mayor’s 2024 Budget, as amended and noted; and c. Approve that any surplus or deficit resulting from a difference between the actual net assessment growth and the estimated 0.75% net assessment growth be transferred to/from the Tax Rate Stabilization Reserve Fund; and d. Declare that, in accordance with sis. 5(1)5 of the Development Charges Act, 1997 and s. 5 of Ontario Regulation 82/98, it is council’s clear intention that the excess capacity provided by the above-referenced works will be paid for by future development charges.
Moved by Mayor Meed Ward, seconded by Councillor Sharman
Carried
and file Information items, having been considered by Council:
Moved by Councillor Stolte, seconded by Councillor Kearns Receive
Carried
and pass By-law Number 68-2023 being a by-law to confirm the proceedings of Council at its meeting held November 2, 2023 being read a first, second and third time.
Moved by Councillor Nisan, seconded by Councillor Bentivegna Enact
Carried
In favour (7): Mayor Meed Ward, Councillor Galbraith, Councillor Kearns, Councillor Nisan, Councillor Stolte, Councillor Sharman, Councillor Bentivegna
this Council now to meet again at the call of the Mayor. 2:50 p.m.
Moved by Councillor Nisan, seconded by Councillor Sharman Adjourn