That General Government Committee Report No. 2024-10 relating to:
- 2024 General Capital Budget and Water and Wastewater Capital Budget
be adopted as presented.
General Government Committee Report No. 2024-10
April 2, 2024
To The Council
Of The Corporation
Of The City Of North Bay
Your Worship and Councillors:
The General Government Committee presents Report No. 2024-10 and recommends:
That:
- Council adopt the 2024 General Capital Budget as presented in attached Schedule “A” for Capital Projects to be funded from Capital Levy, Debentures, Federal and Provincial Government Grant Programs, Development Charges, Reserves and other contributions totalling $56,489,045;
- Council adopt the 2024 Water and Wastewater Capital Budget as presented in attached Schedule “B” for Water and Wastewater Capital projects to be funded from Water and Wastewater Rates, Debentures, Federal and Provincial Government Grant Programs, Development Charges, Reserves and other contributions totaling $19,555,407;
- Council approve the required transfers to and from the various funds in accordance with the 2024 Adopted Capital Budgets;
- Council authorize the Chief Financial Officer/City Treasurer to process the budget transfers during the fiscal year, which do not change the overall approved Net Budgets; and
- a By-Law be presented to Council for three readings on April 2, 2024 authorizing the expenditure of funds approved by the 2024 General Capital Budget and the 2024 Water and Wastewater Capital Budget.
All of which is respectfully submitted.
Capital Budget Schedule 'A' and 'B'
Recorded Vote Upon the Request of Councillor Horsfield:
Yeas: Councillors Horsfield, Lowery, Inch, Mitchell, Gardiner, King, Bain, Mayne, Mallah and Mayor Chirico.
Nays: Nil