THAT Council receive Staff Report CFS.25.033, entitled “2024 Year-End Financial Review”;
AND THAT Council approve the reduction of the 2024 budgeted Asset Management transfers by $1,233,128 to the 2023 budget amount to reduce the Town deficit;
AND THAT Council approve funding of the 2024 deficit with a $369,718 transfer from the Working Capital Reserve;
AND THAT Council approve the transfer of the Water Division surplus of $251,348 to the Blue Mountains Water Reserve Fund;
AND THAT Council approve the transfer of the Wastewater Division surplus of $290,899 to the Blue Mountains Sewer Reserve Fund;
AND THAT Council approve the funding the Building Department deficit of $922,407 from the Building Rate Stabilization Reserve.