Committee of the Whole · December 04, 2024 · Item 7.1
Funding adjustments detailed in Table 4 of Attachement-2 of the 2024 Third Quarter Budget Monitoring Report dated December 4, 2024… be approved
Main motion under the agenda item 2024 Third Quarter Budget Monitoring Report, 2024-504
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 funding adjustments detailed in Table 4 of Attachement-2 of the 2024 Third Quarter Budget Monitoring Report dated December 4, 2024, be approved. That a budget adjustment of $448 thousand for PM0001 Paramedics Facility Renewal, be approved.
Moved by Councillor O'Rourke, seconded by Councillor Caron.
How the room voted
In favour (12)
- Allt
- Billings
- Caron
- Caton
- Chew
- Downer
- Gibson
- Goller
- Guthrie
- Klassen
- O'Rourke
- 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.
- 2024 Third Quarter Budget Monitoring Report - 2024-504.pdf
This quarterly financial check-in reports City finances as of September 30, 2024 and asks Council to approve capital funding adjustments plus a $448,000 change for the Paramedics Facility Renewal project. Overall operations are projected to end the year $850,000 better than budget, or 0.16 per cent of gross spending, with the tax-supported side up $1.7 million and the non-tax-supported side down $0.9 million. Results could shift by about one per cent.
- Attachment-1 2024 Capital Spending.pdf
- Attachment-2 Q3 2024 Capital Budget Adjustments.pdf
A summary is this site’s description of a document, not the City’s. Open the document before relying on one.
What was said
297 words from the meeting recording, transcribed automatically. Times are from the start of the recording.
Read the debate(click to open)
1:03:39which is the 2024 third quarter budget monitoring report,
1:03:44with two recommendations,
1:03:46one for an approval of that report,
1:03:49but also a second that is for the 448,000
1:03:56to be given to the paramedics facility renewal.
1:04:01I'll first ask if anyone needs
1:04:06to actually pull this report for any questions.
1:04:10No questions, but just a comment from Councillor O'Rourke.
1:04:14So Councillor O'Rourke,
1:04:15would you mind at least moving the two motions for us?
1:04:17I'd be happy to.
1:04:17And who would like to second those for me?
1:04:19I'll go to the screen.
1:04:20Corrine, let's do Corrine today.
1:04:22Okay, O'Rourke with a comment, go ahead.
1:04:25Yeah, thank you, Mayor Guthrie.
1:04:26So through you to staff, I think this is amazing
1:04:31that the budget is projected to be within 0.16%
1:04:38of your forecast.
1:04:40Like that is just on a half a billion dollar
1:04:43operating budget to have a surplus
1:04:45that's under a million dollars of 850,000
1:04:48means the forecast were right, the management was right,
1:04:52where things need to be shifted,
1:04:54it happened within our existing policies and rules.
1:04:57And I just think it's remarkable.
1:04:59And we hear people cast aspersions
1:05:03on municipalities and financial management sometimes.
1:05:07And I would just suggest
1:05:09that anybody who wants to read the 24 pages of detail
1:05:12that outlines where there are variances and why,
1:05:15including changes to suppliers,
1:05:17I mean, the degree of transparency here
1:05:20and accountability is really remarkable.
1:05:22And I just think it's a job really well done.
1:05:29Thank you so much.
1:05:31I was going to say something,
1:05:32but now it's so simple,
1:05:33because I can just say ditto.
1:05:35So we're done with my comments.
1:05:37With that, I will call the vote on that,
1:05:40on that, on those two motions.
1:05:41Is there anybody against those two motions?
1:05:46Nobody, so that's unanimous.
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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.