https://barrie.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2166058&GUID=E5AE2C3E-6E9C-4A72-BF57-B3066FA08FA0Legistar15https://barrie.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2166058&GUID=E5AE2C3E-6E9C-4A72-BF57-B3066FA08FA0E5AE2C3E-6E9C-4A72-BF57-B3066FA08FA0-2023-02-22-19-42-34Title: LEGACY RESERVE ADJUSTMENTS 1. That the following amounts be transferred to the Tax Rate Stabilization Reserve (13-04-0461) and the legacy reserves be closed: a) Contingencies (13-04-0402) $ 610,309; b) Insurance (13-04-0403) $ 86,318; c) Bad Debts (13-04-0463) $ 4,661; and d) Suggestion Awards Program (13-04-0465) $ 88,212. 2. That the Council Priorities Reserve (13-04-0410) be renamed the Strategic Priorities Reserve and used to fund projects that advance Council Strategic Priorities, with the following associated parameters: a) An annual operating budget account for Strategic Priorities (01-13-1525-0000-3000) shall be maintained to provide funding for opportunities that support strategic priorities which may arise during the year; and b) Any deficit/surplus that exists in this account at year end shall be transferred to/from this reserve. 3. That the Taxes Reserve (13-04-0464) be renamed the Assessment Appeal Reserve and be used to fund unanticipated assessment appeal activity, with the following associated parameters: a) An aWed, 22 Feb 2023 19:42:34 GMT