"surplus"

The council is deciding on the allocation of the 2025 operating surplus for fiscal purposes. This determines how excess funds from the previous year will be utilized or reserved by the city.

Following a review of ongoing projects during the 2025 financial reporting process, the city has identified several completed or inactive projects. Council is authorized to cancel these projects and return $1,975,230.80 to the city's unallocated surplus.

Council is asked to formally accept the financial documents and surplus distribution for the Gatineau Cultural Centre Corporation for the 2025 fiscal year.

Council accepted the 2025 annual report and audited financial statements for the Corporation du centre culturel de Gatineau. It also approved the allocation of a $215,894 budget surplus into four specific investment funds (capital assets, artistic projects, human resources, and financial investments) as per the 2023-2027 partnership agreement.

Council authorized the cancellation of several completed or inactive projects identified during the 2025 financial statement review. This action allows $1,975,230.80 to be returned to the city's unallocated surplus.

The commission will discuss the status of arenas deemed surplus to the city's needs, including an analysis of potential future uses or divestment strategies.

This item authorizes the treasurer to use $26,300 from the surplus of the former City of Gatineau to fund improvements at the Riviera Community Centre.

Council authorized the use of $26,300 from the former City of Gatineau's surplus to fund accessibility improvements, including an automatic door opener and parking lot repairs, at the Riviera Community Centre.

Council authorized the cancellation of several ongoing projects that have reached their conclusion. This action allows $902,120.89 in unused funds to be returned to the city's unallocated surplus.

Council approved the allocation of the 2024 operating surplus to various reserves and funds. This includes funding for pension plans, election costs, affordable housing, and infrastructure maintenance, following the city's surplus management policy.

The City is approving budget transfers to address variances identified in the 2024 financial projections. The City anticipates a net surplus of $8.0 million by the end of the 2024 fiscal year.

The city is cancelling several ongoing projects that have been completed or are no longer required. This action will return $2,116,806.32 to the city's unallocated surplus.

This item authorizes the use of allocated surplus funds to provide supplementary financial aid for affordable housing, specifically for building decontamination work related to project ACL7044 in the Saint-Étienne sector.

Council authorized the cancellation of several ongoing projects that have reached their conclusion. This action allows the City to return $2,116,806.32 to its unallocated surplus, following a rigorous review by the General Management department.

Council accepts the 2023 annual report and financial statements of the Corporation du centre culturel de Gatineau and approves the distribution of its $327,952 surplus into four specific investment funds.