Budget Committee of the Whole

That the agenda be adopted as distributed by the Clerk.

a) That staff report SRCFS.24.060 regarding the 2025 Budget for the Village of Richmond Hill Business Improvement Area be received; b) That the Budget Committee of the Whole recommends that the Mayor submit for Council’s review: i. That the 2025 gross operating budget of $182,540 for the Village of Richmond Hill Business Improvement Area as provided in staff report SRCFS.24.060 be approved; ii. That $120,000 be levied upon the rateable properties in the improvement area.

a) That the presentation by Mona Shahnazari, Board Chair, and Bruce Gorman, Chief Executive Officer, Richmond Hill Public Library, regarding the 2025 Richmond Hill Public Library Board Budget, be received.

a) That the Budget Committee of the Whole recommends that the Mayor submit for Council’s review, a 2025 Operating Budget that proposes: i. A 2025 Operating Budget increase of $4,046,300 and a total tax levy of $138,921,200 (excluding supplementary taxes), as summarized in Appendix “A” to staff report SRCFS.24.058 and; 1. Additional $321,700 through Mayoral decision 21-24 regarding confidential staff report SRCFS.24.057 regarding the City’s IT Security Program. ii. A 2025 Senior Tax Assistance Grant increase to $445; iii. A 2025 Capital Asset Sustainability Levy budget increase of $2,023,100 and total fee levy of $12,925,200; iv. As required by Ontario Regulation 284/09, Municipal Act 2001, the compliance report of expenses excluded from the 2025 Draft Operating Budget, as attached to Appendix “C” to staff report SRCFS.24.058; and November 25, 2024 BCW#06-24 v. The Reserve and Reserve Fund allocations, as summarized in Appendix “D” to staff report SRCFS.24.058. b) That Budget Committee of the Whole recommends that Council receive for information purposes the Financial Outlook attached as Appendix “E” to staff report SRCFS.24.058.

a) That the Budget Committee of the Whole recommends that the Mayor submit for Council’s review, 2025 Rate Supported Operating Budgets that propose: i. A Water and Wastewater Budget, with a total expenditures budget of $104,151,300, as summarized in Appendix ‘A’ to staff report SRCFS.24.059: ii. A Stormwater Management Services Budget, with a total expenditures budget of $8,038,300, as summarized in Appendix ‘B’ to staff report SRCFS.24.059: and iii. The Water, Wastewater and Stormwater Management Rates, as identified in Appendix ‘C’ to staff report SRCFS.24.059.

a) That staff report SRCS.24.19 regarding the Community and Cultural Grant Program and Community Enhancement and Economic Vitality Reserve Fund be received; November 25, 2024 BCW#06-24 b) That changes to the Community and Cultural Grant Program as outlined in staff report SRCS.24.19 be approved including: i. An expansion to the program to include funding for annual programs, ii. An increase to the annual operating budget for the program to $100,000; iii. Use of the Community Enhancement and Economic Vitality Reserve Fund as the program funding source.

a) That staff report SRCM.24.14, regarding the planned investment attraction mission to Hannover Messe, be received; b) That the Mayor’s participation in the Hannover Messe Conference in April 2025 be approved; c) That up to two (2) staff from the Economic Development Division accompany the Mayor at the Hannover Messe Conference in April 2025; d) That the Budget Committee of the Whole recommends that the Mayor submit for Council’s review that $25,000 be added in the 2025 Operating Budget, to be funded from the Tax Rate Stabilization Reserve to support the planned Investment Attraction Mission to Hannover Messe.

That the meeting be adjourned