Receive Q1 2024 financial update and transfers
Every councillor who voted both times voted the same way.
Councillor Votes
Full Resolution Text
That Council approve the recommendations outlined in Report FCSFS24-012, dated June 17, 2024 of the Commissioner of Finance and Corporate Support Services as follows: a) That the March 31, 2024 Quarterly Financial Update Report (Unaudited) attached as Appendix A to Report FCSFS24-012, dated June 17, 2024, be received; b) That Appendix A to User Fee By-law 23-159 be amended effective September 1, 2024 to amend the 2024 Municipal Child Care Parental Fees Form 6 to keep Toddler and Preschool at the current rates and rescind the decrease on September 1, 2024; c) That the deficit balance in the Affordable Housing Capital Project (Q#15882) of $411,745 be funded from the uncommitted balances in the following reserves: i. $1,883 from the Affordable Housing Property reserve; and ii. $409,862 from the Affordable Housing Partnership reserve; d) That The Parkway Emergency Repairs capital project be established and $1,645,000 be transferred from the Waste Water Reserve Fund to The Parkway Emergency Repairs project; e) That prior to closing the Intelligent Transportation System project (Q#13503), the budget be increased by $97,110.60 by transferring $23,578.71 surplus budget from the Transit Route Review project (Q#16-114) and $73,531.89 from the Transit Capital Reserve; and f) That prior to closing the On-Demand Transit project (Q#22-041), the budget be increased by $59,881.26 by transferring surplus budget from the Transit Route Review project (Q#16-114).