Receive the report regarding the 2023 Year End Variances for the general (taxation funded), water and wastewater (sanitary sewer) funds;
Approve the taxation-supported surplus of $2,002,884 for the year ended December 31, 2023;
Approve a transfer of $1,514,433 to the Assessment Stabilization Reserve;
Approve a transfer of $333,932 to the Vehicle and Equipment Reserve;
Approve a transfer of $115,319 to the Plans and Studies Reserve;
Approve a transfer of $39,200 to the Tree Replacement Reserve;
Approve a transfer of $169,446 From the Building Services – Operating Reserve Fund to fund the 2023 Accumulated Net Deficit per the draft 2023 Building Services Statement;
Approve a transfer of $961,437 representing a surplus from Water operations for the year ended December 31, 2023 be transferred to the Water Reserve Fund;
Approve a transfer of $2,409,808 representing a surplus from Wastewater (sanitary sewer) operations for the year ended December 31, 2023 to the Wastewater (Sanitary Sewer) Reserve Fund;
Approve reallocation of $1,022,465 from Working Fund Reserve to Fire Vehicles and Equipment Reserve;
Approve reallocation of $653,328 from Working Fund Reserve to Vehicles and Equipment Reserve; and
Approve reallocation $468,250 from Working Fund Reserve to Trail-Existing Reserve, all as presented at the October 22, 2024 Council meeting.