That with respect to Report C2025-0397, the following be adopted, as amended: That Council: Direct that the Closed Meeting discussions and Confidential Attachments 2 and 3 be held confidential pursuant to Section 23 (Local public body confidences) of the Freedom of Information and Protection of Privacy Act, to be reviewed no later than 2026 December 31; and Direct that, notwithstanding Recommendation 5, the Closed Meeting discussions and Confidential Attachments 2 and 3 be released to Corporate Planning and Performance, to be further shared with Administration, only where required, to support next steps.
Report C2025-0397 bundles three budget decisions: use available budget capacity (e.g., reserves or unallocated funds) to pay for identified high‑priority spending now (reducing future fiscal room); keep the increase in property tax revenue collected from existing properties at 3.6%; and approve additional 2025 capital budget requests so listed projects can proceed.
These decisions move funding to identified priorities immediately (using capacity that would otherwise remain available), lock the previously approved 3.6% limit on tax revenue from existing properties, and authorize specific capital spending for 2025 — together affecting which projects proceed and the city’s near‑term fiscal flexibility.