Budget Committee

Agenda

Meeting #:
Date:
Time:
-
Location:
Council Chambers, City Hall, second floor

1.
Call to Order

 

2.
Land Acknowledgement

 

Burlington as we know it today is rich in history and modern traditions of many First Nations and the Métis. From the Anishinaabeg to the Haudenosaunee and the Métis – our lands spanning from Lake Ontario to the Niagara Escarpment are steeped in Indigenous history.


The territory is mutually covered by the Dish with One Spoon Wampum Belt Covenant, an agreement between the Iroquois Confederacy, the Ojibway and other allied Nations to peaceably share and care for the resources around the Great Lakes.


We acknowledge that the land on which we gather is part of the Treaty Lands and Territory of the Mississaugas of the Credit.

3.
Approval of the Agenda

 

4.
Declarations of Interest

 

5.
Delegations

 

To speak at a Committee meeting regarding an item on the agenda, individuals must register as a delegation no later than noon the business day before the meeting. To register, complete the online application at www.burlington.ca/delegation or submit a written request by email to Legislative Services at [email protected]


Individuals who have feedback to share but do not wish to speak at the committee meeting, can submit written comments by email to [email protected] by noon the business day before the meeting. Comments received regarding an item on the agenda will be circulated to committee members in advance of the meeting.

6.
Presentations

 

7.
Consent Items

 

Reports of a routine nature, which are not expected to require discussion and/or debate.  Staff may not be in attendance to respond to queries on items contained in the Consent Agenda.

8.
Regular Items

 

8.1
2026 Budget Review (FIN-36-25)

This item has attachments. 
1.FIN-36-25 2026 Budget Review.pdf
2.Appendix A of FIN-36-25 2026 Summary of Proposed Budget Amendments.pdf
3.Appendix B of Report FIN-36-25 Consolidated Budget Questions.pdf

  • 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 $105,722,127 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.

9.
Confidential Items and Closed Meeting

 

Confidential reports may require a closed meeting in accordance with the Municipal Act, 2001. Meeting attendees may be required to leave during  the discussion.

10.
Rise and Report

 

11.
Information Items

 

12.
Staff Remarks

 

13.
Committee Remarks

 

14.
Adjournment

 
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