Budget Committee

1. That capital project PN 19425 Malton Community Hub be amended to a gross budget of $12,600,000 and net budget of $6,100,000, including $6,000,000 from the Region of Peel, pending agreement approval, $500,000 secured donation, $400,000 from Ward Specific Special Project funding in Federal Gas Tax Reserve Fund (Account 35182) and $2,700,000 from Tax Capital Reserve Fund (account 33121). 2. That funding of $2,700,000 be transferred from Capital Reserve Fund (Account 33121) to PN 19425 - Malton Community Hub for the construction of the hub. 3. That all necessary by-laws be enacted. YES (12): Mayor Crombie, Councillor S. Dasko, Councillor K. Ras, Councillor C. Fonseca, Councillor J. Kovac , Councillor C. Parrish, Councillor R. Starr, Councillor D. Damerla, Councillor M. Mahoney, Councillor P. Saito, Councillor S. McFadden, and Councillor G. Carlson

1. That Council approve the 2021 Budget as set out in: a. 2021-2024 Business Plan & 2021 Budget Sections B through S which include the following tables/appendices: i. Section B: Appendix 2D Listing of Projects for Multi-Year Funding, with the exception of changes to the Corporate Asset Management Program ii. Section B: Appendix 3A 2021 Summary of FTE Adjustments by Service Area, with the deferral of 4 FTE positions for the Corporate Asset Management Program to 2022, as outlined in the report to Council dated November 30, 2020 entitled, “Update on 2021 Budget Request for Corporate Asset Management Program” iii. Sections C-R: Proposed Cost Increase Required to Maintain Current Service Levels iv. Sections C-R: Proposed New Initiatives and New Revenues v. Sections C-R: Proposed 2021 Capital Budget Detail, with the exception of changes to the West Credit Avenue Temporary Storage Location recommended and adopted through Resolution 0371-2020 and changes to the Corporate Asset Management Program, (detailed in b) vi. Section S: Appendix 1 Reserves and Reserve Funds Transfers and Appendix 2 Debt-Funded Projects; b. Recommended changes to the Corporate Asset Management Program budget request, as outlined in the report from the Commissioner of Corporate Services and Chief Financial Officer, dated November 30, 2020 and entitled “Update on 2021 Budget Request for Corporate Asset Management Program” as follows i. That the funding requirement in the 2021 Capital Budget for the Corporate Asse

That the closed session presentation by Lori Kelly, Director of Human Resources regarding the 2021 Total Compensation Update be received. YES (12): Mayor Crombie, Councillor S. Dasko, Councillor K. Ras, Councillor C. Fonseca, Councillor J. Kovac , Councillor C. Parrish, Councillor R. Starr, Councillor D. Damerla, Councillor M. Mahoney, Councillor P. Saito, Councillor S. McFadden, and Councillor G. Carlson