Guelph Council Record
City Council · May 27, 2025 · Item 6.2
2024 tax supported operating deficit of $397,604 be allocated to or funded from the City’s reserve and reserve funds as follows: Transfer $12,271 to the Library…
Main motion under the agenda item 2024 Year-end Operating Budget Monitoring Report and Surplus Allocation and Deficit Funding, 2025-212
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 2024 tax supported operating deficit of $397,604 be allocated to or funded from the City’s reserve and reserve funds as follows: Transfer $12,271 to the Library Operating Contingency Reserve (102) in accordance with the request from the Library Board. Transfer $245,072 to the Police Operating Contingency Reserve (115) in accordance with the anticipated request from the Guelph Police Board. Fund the deficit of $654,948 from the Tax Rate Operating Contingency Reserve (180). That the 2024 non-tax supported operating surplus of $333,814 be allocated to or funded from the non-tax supported City reserve and reserve funds as follows: Fund the Parking Services deficit of $62,273 from the Parking Operating Contingency Reserve (106). Transfer the Stormwater Services surplus of $566,747 to the Stormwater Capital Reserve Fund (165). Fund the Water Services deficit of $276,756 from the Water Operating Contingency Reserve (181). Transfer the Wastewater Services surplus of $1,705,452 to the Wastewater Operating Contingency Reserve (182). Fund the Building Services deficit of $1,752,995 from the Building Services OBC Stabilization Reserve Fund (188). Transfer the Courts Services surplus of $153,639 to the Courts Capital Reserve Fund (120).
How the room voted
In favour (12)
- Allt
- Billings
- Busuttil
- Caron
- Caton
- Chew
- Downer
- Gibson
- Goller
- Guthrie
- Klassen
- Richardson
What council was given
The staff reports and correspondence attached to this item.
- 2024 Year-end Operating Budget Monitoring Report and Surplus Allocation and Deficit Funding - 2025-212.pdf
- Attachment-1 2024 Year-end Operating Surplus and Deficit by Department.pdf
- Attachment-2 2024 Year-end Operating Surplus and Deficit by Account Category.pdf
- Attachment-3 2024 Guelph Public Library Board Request for 2024 Surplus Allocation.pdf
Check this against the City’s official minutes
Everything on this page comes from the City of Guelph’s published record. Nothing here is a summary or an interpretation.