Special Council

That Appendix A of the December 5, 2023 staff report from the Finance department be amended to include a ten thousand dollar ($10,000.00) allocation to each of the three BIA’s ($30,000.00) to maintain the quality of delivering major events to support our businesses and to provide the residents of Oakville an opportunity to participate and to experience shopping in our retail/businesses locations.

That Appendix A of the December 5, 2023 staff report from the Finance department be amended to include $10,000 in funding be made available to support community events in each of wards 4, 5, 6, and 7 for a total of $40,000. Moved by Councillor Knoll Seconded by Councillor Duddeck That the motion moved by Councillor Xie and Seconded by Councillor Adams be amended as follows: That Appendix A of the December 5, 2023 staff report from the Finance department be amended to include $10,000 in funding to be made available to support community events in all 7 wards for a total of $70,000.

That the motion moved by Councillor Xie and Seconded by Councillor Adams be further amended as follows: That the $70,000 be funded one time through the tax stabilization reserve fund and that staff administer the process to allocate funds to community organizations.

That the staff report dated December 5, 2023 entitled Council Consideration of the 2024 Mayoral Budget be received. That the resolutions and recommendations contained in Appendix A of this report be approved, as amended: That the 2024 operating budget to include a ten thousand dollar ($10,000.00) allocation to each of the three BIA’s ($30,000.00) to maintain the quality of delivering major events to support our businesses and to provide the residents of Oakville an opportunity to participate and to experience shopping in our retail/businesses locations. That a ten thousand dollar ($10,000.00) allocation to each of the 7 wards (for a total of $70,000) to support community events in each of those wards be funded one time through the tax stabilization reserve fund and that staff administer the process to allocate funds to community organizations. That any surplus or deficit resulting from a difference in the actual assessment growth from the budgeted assessment growth be transferred to/from the Tax Stabilization reserve. That the rates and fees established in the rates and fees schedule attached as Appendix A in the report that went to the 2024 Budget Committee on October 17 be approved for implementation on January 01, 2024

That the by-law noted above be passed.

Special Council Minutes - December 20, 2023 That the motion moved by Councillor Xie and Seconded by Councillor Adams be amended as follows: That Appendix A of the December 5, 2023 staff report from the Finance department be amended to include $10,000 in funding to be made available to support community events in all 7 wards for a total of $70,000.

1. That the staff report dated December 5, 2023 entitled Council Consideration of the 2024 Mayoral Budget be received. 2. That the resolutions and recommendations contained in Appendix A of this report be approved, as amended: a. That the 2024 operating budget to include a ten thousand dollar ($10,000.00) allocation to each of the three BIA’s ($30,000.00) to maintain the quality of delivering major events to support our businesses and to provide the residents of Oakville an Special Council Minutes - December 20, 2023 opportunity to participate and to experience shopping in our retail/businesses locations. b. That a ten thousand dollar ($10,000.00) allocation to each of the 7 wards (for a total of $70,000) to support community events in each of those wards be funded one time through the tax stabilization reserve fund and that staff administer the process to allocate funds to community organizations. c. That any surplus or deficit resulting from a difference in the actual assessment growth from the budgeted assessment growth be transferred to/from the Tax Stabilization reserve. d. That the rates and fees established in the rates and fees schedule attached as Appendix A in the report that went to the 2024 Budget Committee on October 17 be approved for implementation on January 01, 2024