That with respect to Report C2024-1097, the following amendment be adopted: That a new Recommendation be inserted, as follows, and that all Recommendations be renumbered accordingly if necessary: Direct Administration to: a. Prepare a summary document for Council before end of Q1 2025 that outlines how positive year-end variances have compared year over year, as well as the acceptable level of volatility for year-end variances given that municipalities cannot operate with a deficit; and
Motion C2024-1097 bundles three council directions: 1) re-create a Finance and Budget Committee to do detailed reviews of operating budgets and oversee service planning each four-year term, 2) reverse the 2023 transit fare freeze so fare changes can resume and move $3,000,000 into the Primary Transit Network, and 3) ask the provincial government to waive Section 358.1 of the Municipal Government Act to avoid shifting tax burden between residential and non‑residential property classes.
These steps increase council oversight of how money and services are planned, could restart changes to transit fares while directing new funds to transit network improvements, and seek temporary provincial relief to prevent tax-class shifts while assessment values rebalance.