Adopt the 2026 Operating Budget including any approved budget amendments to be applied against the proposed net tax levy amount of $282,201,378; and
Endorse that any surplus or deficit resulting from a difference between the actual results and the estimated 0.75% City portion of the net assessment growth be transferred to / from the Tax Rate Stabilization Reserve Fund; and
Adopt the 2026 Capital Budget for the City of Burlington, with a gross amount of $106,112,127, as amended with a debenture requirement of $10,350,000 and the 2027-2035 capital forecast with a gross amount of $1,074,884,815 with a debenture requirement of $26,675,000 as outlined in the 2026 Budget Overview (FIN-42-25) and as amended by Council; and
Administer the debenture in the amount of $6,350,000 in 2026 as tax supported debt; and
Administer the debenture in the amount of $4,000,000 in 2026 as Multi-year Community Investment debt; and
Declare that, in accordance with sis. 5(1)5 of the Development Charges Act, 1997 and sis. 5 of Ontario Regulation 82/98, it is Council’s clear intention that the excess capacity provided by the above-referenced works will be paid for by future development charges.