"budget transfer"

This item proposes transferring annual budget funds from the policy governing support for organizations and neighborhood improvements (PO-035) to the policy governing research and support expenses for councillors (PO-033).

Council approved the transfer of the annual budget previously allocated to Policy PO-035 ($19,100 per district) to Policy PO-033, increasing the research and support budget for each councillor from $51,677 to $70,777.

The City is adjusting its 2025 budget following the first quarterly review. This includes increasing expenditures for snow removal, recreation facility rentals, and legal damages, while also increasing revenue projections for transfer duties and lease income.

Council approved budget transfers following the first quarterly review of 2025. The adjustments include increases in spending for snow removal, recreation facility rentals, and legal damages, offset by higher-than-expected revenues from transfer duties and lease income.