Committee of the Whole · May 05, 2026 · Item 11.1.3
2025 Long-term Financial Statement: Reserves and Debt be received for information. That the updated Development Charge Exemptions Policy included as Attachment-5 of report 2026-222 - 2025…
Amendment under the agenda item 2025 Long-term Financial Statement: Reserves and Debt - 2026-222
Carried (12 to 0)
12 in favour, 0 against — unanimous
What was voted on
The motion in its exact words, as recorded in the minutes.
That the 2025 Long-term Financial Statement: Reserves and Debt be received for information. That the updated Development Charge Exemptions Policy included as Attachment-5 of report 2026-222 - 2025 Long-term Financial Statement: Reserves and Debt, be approved. That Appendix A of the General Reserve and Reserve Fund Policy be amended to include the creation of DC Exemption reserve funds, as outlined in report 2026-222 2025 Long-term Financial Statement: Reserves and Debt. That $2,000,000 be transferred from the Accumulated Sick Leave (Fire) reserve (100) to the WSIB reserve (330) in 2026.
Moved by Mayor Guthrie, seconded by Councillor Hauser.
How the room voted
In favour (12)
- Allt
- Billings
- Busuttil
- Caron
- Caton
- Chew
- Downer
- Goller
- Guthrie
- Hauser
- Klassen
- Richardson
What council was given
The staff reports and correspondence attached to this item. The summaries are written automatically, so you can tell what a document is without opening a ninety-page PDF.
- 2025 Long-term Financial Statement Reserves and Debt - 2026-222.pdf
An annual account of the City's savings accounts (reserves) and borrowing at the end of 2025, for information, along with requests to approve an updated Development Charge Exemptions Policy, create related reserve funds, and move $2 million from a fire sick-leave reserve to the workers' compensation reserve. Reserves rose 13.1 per cent to $642.2 million, largely from borrowing, but money actually available fell 12.1 per cent to $208.7 million.
- Attachment-1 2025 Reserve and Reserve Fund Activity.pdf
- Attachment-2 2025 Development Charge Annual Treasurer's Statement.pdf
- Attachment-3 2025 Legislated Reporting Requirements for Obligatory Reserve Funds.pdf
- Attachment-4 2025 Debt Activity.pdf
- Attachment-5 2026 Development Charge Exemption Policy.pdf
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What was said
395 words from the meeting recording, transcribed automatically. Times are from the start of the recording.
Read the debate(click to open)
2:54:55municipal and school board election voting methods report scheduled to go before city council in
2:54:592028 and i don't have a a seconder lined up so the floor is open for anyone who'd like to second
2:55:09councillor richardson okay thank you for your comments yeah yeah so i'm gonna frame why i've
2:55:17got it out here yep uh so i really appreciated that council had moved forward with the online voting
2:55:24and it's very unfortunate we weren't able to find any vendors that met our security standards
2:55:30um i know that council really wanted to ensure that there was a next level of accessibility we
2:55:38heard all of the feedback from the aac on issues with the communities having independently verifiable
2:55:48voting methods from their homes in terms of different disabilities that were uh vision related
2:55:55and and i think that because we weren't able to find a vendor and now we don't have enough time
2:56:02to kind of implement a secondary method that i would just like to pull it out and just refer to it
2:56:09to fill that accessibility gap so that we're we're not in this place in the next election
2:56:15and i know staff do their very best to accommodate everyone and we've got a fantastic team that
2:56:22really does their best to meet all of the individual like individual accessibility needs but we still
2:56:27have this one gap so i'd like to make sure that we've got something in place for the next election
2:56:33and uh be less pres prescriptive about what that method is so that we can ensure that those
2:56:40needs are being met thanks thank you um any member of council have any questions for the mover
2:56:48councillor Allt thank you very much chair Caron it's only one question i i don't want to
2:56:55sound like i'm uh being nitpicking but i'm wondering what you mean by the term prioritize and the
2:57:01reason for that is it sounds like you are putting at home voting ahead of voting at a um a voting center
2:57:14voting center is already covered so i'm trying to fill a gap so right now this is the
2:57:21missing piece in the accessibility package that we have um as i think you'll remember that there
2:57:27was the remote accessible vote from home where folks could um who were blind could have a ballot
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The motion, the vote and the debate come from the City of Guelph’s published record, reproduced rather than interpreted. The document summaries above are the exception: those words were written for this site.