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TMP-34887
| 1 | | | Presentation - AC/RC | PRESENTATION CONCERNING THE 2026 BUSINESS PLAN AND BUDGET
Mayor Nuttall provided a presentation concerning the 2026 Strong Mayor’s Budget.
Mayor Nuttall discussed slides concerning the following topics:
· Strong Mayor’s Budget in accordance with the Strong Mayor’s Act and the direction of 0% operating budget;
· Building Barrie’s financial future; and
· S&G Global upgraded Barrie’s credit rating to AAA.
Mayor Nuttall presented the Awards of Excellence to Thierry Rayaisse, Chief Investment Officer, and Michael Prowse, Chief Administrative Officer, in recognition of their outstanding leadership, dedication, and contributions to the City of Barrie’s achievement of a AAA credit rating.
C. Gillespie, Senior Manager of Corporate Finance and Investment provided an overview presentation concerning the 2026 Business Plan and Budget.
Mr. Gillespie discussed slides concerning the following topics:
Strong Mayor’s Direction
· The Strong Mayor Direction; and
· A pie chart illustrating the proposed 2026 Consolidated budget - City Operations.
Operating Budget 2026
· The Operating Budget 20 | Received | |
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FRG 1
| 1 | | | Report to Committee | 2026 BUSINESS PLAN AND BUDGET - CITY OPERATIONS AND INFRASTRUCTURE INVESTMENT FUNDING PORTIONS
Strong Mayor Budget
This report is being presented by the Finance Department on behalf of Mayor Alex Nuttall in accordance with Section 284.16 of the Municipal Act and Section 7 of Ontario Regulation 530/22.
Operating Budget Approvals
1. That the 2026 tax-supported base operating budget for City operations and the Infrastructure Investment Fund, with gross expenditures of $355.6M and a net property tax levy requirement of $214.5M, be approved.
2. That a Camp Access expense amount and corresponding revenue amount of $35,000 be added to the Recreation and Culture Program Budget for 2026.
3. That staff apply to the Province of Ontario for funding in the amount of $5 million for the purpose of installing traffic safety/calming measures in the City of Barrie.
4. That Capital Project - Traffic Calming Measures be increased by an additional $500k (50k per ward) to be funded in the interim from the ASE Reserve pending receipt of any funding from the Provincial Government.
City Operations | recommended for consideration of adoption (Section "B") | |
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TMP-34817
| 2 | | | Advisory Committee Reports | REPORT OF THE INTERNATIONAL RELATIONS COMMITTEE DATED OCTOBER 7, 2025
The Report of the International Relations Committee dated October 7, 2025, was received. | Received | |
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FRG 2
| 1 | | | Staff Report | 2025 Q3 YTD INTERNAL AUDIT STATUS UPDATE
That the 2025 Q3 YTD Internal Audit Status Update be received as information. | recommended for adoption (Section "D") | |
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