1. THAT the 2025 Capital Budget with a gross amount of $140,587,603, including debenture financing of $6,000,000, as outlined in Appendix 2 of this report be received for review and any amendments made by Council;
2. THAT the 2026-2034 Capital Forecast with a gross amount of $1,486,674,286 as outlined in Appendix 3 of this report be received for review and any amendments made by Council;
3. THAT in accordance with s.s. 5(1) of the Development Charges Act, 1997 and S. 5 of Ontario Regulation 82/98, it is Council’s clear intention that any eligible excess capacity provided by the 2025 Capital Program will be paid for by future development charges;
4. THAT any donations, grants or subsidies applied in the 2025 capital program to projects with development charges funding are to offset the non-growth related costs of those projects unless otherwise specified;
5. THAT the 2025 Operating Budget for Town and Library resulting in a net tax levy of $110,948,876 assuming 1.80% net assessment growth, as outlined on Appendix 4 of this report, save and except the portion related to Seniors Programs Salaries and Benefits, be received for review and any amendments made by Council;
7. THAT, if the actual net taxable assessment growth is different than 1.80%, any increase in the tax dollars generated from the Town portion of assessment growth for 2025 taxation be transferred to the Tax Rate Stabilization Reserve or any decrease in tax dollars generated from the Town portion of assessment growth for 2025 taxation be funded from the Tax Rate Stabilization Reserve;
8. THAT the non-union salary range adjustment for 2025 be approved at a rate of 3.0%;
9. THAT the 2026-2027 operating forecast for the Town, including the Library, which projects a total levy requirement of $150.7 million by 2027 as outlined in Appendix 5 of this report (or as potentially revised) be received;
10. THAT the transfers to and from Reserves and Reserve Funds within the 2025 Budget as outlined in Appendix 6 (or as potentially revised) be received;
11. THAT the Milton BIA budget in the gross amount of $501,153 resulting in a net tax levy of $284,539, as outlined in Appendix 7, be received for review and any amendments made by Council.