TAMRMS#: B06
9.1
REQUEST FOR DECISION
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2025 Municipal and Utility Budget
Presented by: Suzanne Findlay, Manager, Financial Services, Financial & Strategic Services
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RECOMMENDED MOTION(S)
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1. That the 2025 Consolidated Municipal and Utility Budget in the amount of $404,834,000 with a Net Tax Requirement of $141,608,500 provided as attachment titled "2025 Approved Consolidated Municipal & Utility Budget" be approved.
2. That the 2025 10 Year Municipal Growth Capital Plan provided as attachment titled "10 Year Municipal Growth Capital Plan" be approved.
3. That the 2025 10 Year Utility Growth Capital Plan provided as attachment titled "10 Year Utility Growth Capital Plan" be approved.
4. That the 2025 Municipal RMR Capital Charter COMS-001 Community Capital Grant Program be increased by $11,000.
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SUMMARY
This report presents the 2025 Municipal and Utility budgets, as recommended by Committee of the Whole, for Council's review and approval.
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
On June 4, 2024, Council passed the following motions:
PM-25-005- That the 2025 10 Year Municipal RMR Capital plan provided as an attachment to the June 4, 2024 agenda report be approved
PM-25-006 - That the 10 Year Utility RMR Capital Plan provided as an attachment to the June 4, 2024 Agenda Report be approved.
On November 24, 2024 Council approved the following motion:
AR-24-591- That Administration prepare the 2025 proposed Municipal and Utility Operating Budgets, the proposed Municipal & Utility Capital Budgets and any associated bylaws, in accordance with the direction provided in the November/December Committee of the Whole deliberations and previous Repair, Maintenance & Replacement (RMR) decisions and Fees & Charges decisions, all for consideration by Council on December 17, 2024.
BACKGROUND AND DISCUSSION
Each year, Council approves a budget to provide required resources to deliver its programs and services to the...
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