Finance and Corporate Services Committee
Monday, May 13, 2024
2 motions across 2 agenda items · 2022-2026 term
Data sourced from official City of Kitchener meeting minutes, synced as the City adopts and publishes them. Kitchener council decides most items by voice vote, so name-by-name vote boards appear only for the items where a member requested a recorded vote. We're working to make this as complete as possible. Full official records on the City's meeting portal ↗
4.1
PASSED
it was resolved: "That the Asset Management Plans for the City’s non-core assets as outlined in the Financial Services Department report FIN-2024-208 be approved; and further, That Policy GOV-COR-506 Corporate Asset Management as attached to Report FIN-2024-208 be approved."
Motion 1
· moved by Mayor B. Vrbanovic
See full details & who voted
it was resolved: "That the Asset Management Plans for the City’s non-core assets as outlined in the Financial Services Department report FIN-2024-208 be approved; and further, That Policy GOV-COR-506 Corporate Asset Management as attached to Report FIN-2024-208 be approved."
Motion 1 · moved by Mayor B. Vrbanovic
Asset Management Plans, Non-Core Assets, FIN-2024-208
it was resolved: "That the Asset Management Plans for the City’s non-core assets as outlined in the Financial Services Department report FIN-2024-208 be approved; and further, That Policy GOV-COR-506 Corporate Asset Management as attached to Report FIN-2024-208 be approved."
View agenda item 4.1 on the City's meeting portal →
Moved by: Mayor B. Vrbanovic
4.2
PASSED
it was resolved: "That Policy FIN-RES-770 Reserve Funds be amended as identified in the Financial Service Department report FIN-2024-222; and, That funds in the amount of $400,863 be transferred from the Tax Stabilization Reserve Fund to the Investment Stabilization Reserve Fund; and further, That funds in the amount of $4,488,866 be transferred from the Tax Stabilization Reserve Fund to the Tax Capital Reserve Fund."
Motion 1
· moved by Councillor B. Ioannidis
See full details & who voted
it was resolved: "That Policy FIN-RES-770 Reserve Funds be amended as identified in the Financial Service Department report FIN-2024-222; and, That funds in the amount of $400,863 be transferred from the Tax Stabilization Reserve Fund to the Investment Stabilization Reserve Fund; and further, That funds in the amount of $4,488,866 be transferred from the Tax Stabilization Reserve Fund to the Tax Capital Reserve Fund."
Motion 1 · moved by Councillor B. Ioannidis
Reserve Fund Policy Update, FIN-2024-222
it was resolved: "That Policy FIN-RES-770 Reserve Funds be amended as identified in the Financial Service Department report FIN-2024-222; and, That funds in the amount of $400,863 be transferred from the Tax Stabilization Reserve Fund to the Investment Stabilization Reserve Fund; and further, That funds in the amount of $4,488,866 be transferred from the Tax Stabilization Reserve Fund to the Tax Capital Reserve Fund."
View agenda item 4.2 on the City's meeting portal →
Moved by: Councillor B. Ioannidis
