File #: 25-G-015    Version: Name:
Type: Staff Report Status: Recommended Motion (section B)
File created: 1/9/2025 In control: City Council
On agenda: 1/29/2025 Final action: 1/29/2025
Title: 2025 BUSINESS PLAN AND BUDGET - SERVICE PARTNERS AMENDMENT #1 Moved by: Deputy Mayor, R. Thomson Seconded by: Councillor, N. Nigussie That motion 25-G-015 of Section "H" concerning the 2025 Business Plan and Budget - Service Partners be amended as follows: To amend paragraph 3 to add the following: a) That the Financial Stabilization Reserve as discussed during the the Barrie Public Library's Presentation dated January 15, 2025, be approved; b) That the Future Capital Expenditure Reserve remain intact for its intended purpose and not be renamed or used as a General Reserve as discussed during the Barrie Public Library presentation on January 15, 2025; and c) That the Barrie Public Library Board be requested to transfer up to 8.3 % (equal to one month of operating expenses) of funding in Future Capital Expenditure Reserve to the Financial Stabilization Reserve; and d) That an additional 1% ($98,000) reflective of the current Barrie Public Library budget request identified on p...
Attachments: 1. EMT001-25
Title
2025 BUSINESS PLAN AND BUDGET - SERVICE PARTNERS

AMENDMENT #1

Moved by: Deputy Mayor, R. Thomson
Seconded by: Councillor, N. Nigussie

That motion 25-G-015 of Section "H" concerning the 2025 Business Plan and Budget - Service Partners be amended as follows:

To amend paragraph 3 to add the following:

a) That the Financial Stabilization Reserve as discussed during the the Barrie Public Library's Presentation dated January 15, 2025, be approved;

b) That the Future Capital Expenditure Reserve remain intact for its intended purpose and not be renamed or used as a General Reserve as discussed during the Barrie Public Library presentation on January 15, 2025; and

c) That the Barrie Public Library Board be requested to transfer up to 8.3 % (equal to one month of operating expenses) of funding in Future Capital Expenditure Reserve to the Financial Stabilization Reserve; and

d) That an additional 1% ($98,000) reflective of the current Barrie Public Library budget request identified on page 301 of the Business Plan and Budget be allocated to the Barrie Public Library Future Capital Expenditure Reserve and the tax levy be increased by $98,000; and

e) That a Capital Project entitled "Barrie North West Boutique Library" be established, with initial funding of $150k from the Development Charge Reserve to allow for staff in Corporate Facilities in consultation with Barrie Public Library staff, to undertake the initial design and required preliminary work, which includes investigating potential locations, and report back to General Committee once completed

That the following be added as paragraph 4, with the remaining paragraphs to be renumbered accordingly:

4. That the staff in Finance Department develop a list of reporting requirements to be followed by the Barrie Public Library Board when presenting their annual budget request to City Council and report back to Finance and Responsible Governance with this list.

A point of order was raised by Councillor, A. ...

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