Budget Committee

That the deputation and associated presentation from Marisa Chiu, Commissioner of Corporate Services, Chief Financial Officer and Treasurer regarding 2026 budget timelines, be received. Received 8. PUBLIC QUESTION PERIOD - 15 Minute Limit - Nil 9. CONSENT AGENDA - Nil 10. MATTERS CONSIDERED 10.1 Service Area Presentations (10 minutes per presentation) 10.1.1 Planning & Building Presented by Andrew Whittemore, Commissioner, Planning & Building Mayor Parrish spoke to the City receiving recognition from the Province, and noted the City is continuing to move forward despite economic challenges, and thanked staff for their work and leadership. 10.1.2 Information Technology Presented by Ryan Lim, Director, IT and Chief Information Officer Committee Members engaged in discussion and inquired about the following: Proposed staff increases Investment priorities if additional budget capacity Utilizing AI Cybersecurity risks and related insurance coverage Phasing-out of software licenses Current staff complement Basis for software licensing and subscription costs Phishing awareness and education for affiliated groups and residents R. Lim responded to questions and provided information on staffing, investment opportunities, legislation and utilizing AI, planned cybersecurity briefing for Council, licensing models, automation, and threat intelligence. RECOMMENDATION BC-0030-2026 Moved By Mayor C. Parrish That the following service area presentations presented to Budget Committee on January

That the Corporate Report dated January 16, 2026, entitled “Proposed Adjustments to the 2026 Capital Budget and 10-Year Capital Plan” from the Commissioner of Corporate Services, Chief Financial Officer and Treasurer, be received. YES (11): Councillor S. Dasko, Mayor C. Parrish, Councillor A. Tedjo, Councillor C. Fonseca, Councillor J. Kovac, Councillor Natalie Hart, Councillor J. Horneck, Councillor D. Damerla, Councillor M. Mahoney, Councillor M. Reid, and Councillor S. McFadden