That Report CORP2026-022, 2025 Financial Year End Position, be received;
That the 2025 Transit Area Rate deficit of $605,207.32 be levied on the 2026 final tax bills;
That the 2025 Ontario Provincial Police area rate deficit of $921,295.36 be levied on the 2026 final tax bills; and
That the 2025 General Operating Deficit of $16,894,051.70 be financed as follows:
Reserve GL Account Amount
Asset Management Reserve - Uncommitted
1.32045 A412430 142,000.00
Fleet Reserve - Public Works
1.32070 A331184 95,029.28
Fleet Reserve - Fire 1.32070 A33193 144,670.37
Fleet Reserve Expansionary Capital
1.32070 A415260 250,000.00
Capital Contingency Reserve - Haul Routes
1.32248 A331185 482,298.23
Capital Contingency Reserve - 68 LSN
1.32248 A354025 14,738.00
Capital Contingency Reserve - Forestry and Trail
1.32248 A408086 352,773.54
Capital Contingency Reserve - Uncommitted
1.32248 A412430 3,825,990.33
Property Development Reserve - Agricultural Land Lease
1.32035 A407713 139,968.21
City Heritage Reserve - Heritage Victoria
1.32275 A408091 8,930.44
City Heritage Reserve - Anne Langton
1.32275 A408092 1,428.69
City Heritage Reserve - Somerville Heritage
1.32275 A409067 8,539.63
Short Term Rental Reserve 1.32282 130,674.00
General Tax Rate Stabilization - Economic Development
1.32285 A331182 247,295.25
General Tax Rate Stabilization - Public Works
1.32285 A331184 2,131,473.12
General Tax Rate Stabilization - Social Services Programs
1.32285 A408080 37,833.45
General Tax Rate Stabilization - Human Services
1.32285 A408081 1,989,197.16
General Tax Rate Stabilization - Uncommitted
1.32285 A412430 4,388,032.65
Special Projects Reserve - Uncommitted
1.32296 A412430 325,773.10
General Contingency Reserve - Planning
1.32090 A331192 176,134.50
General Contingency Reserve - Local Economic Development
1.32090 A410997 136,096.03
General Contingency Reserve - Uncommitted
1.32090 A412430 1,815,576.97
Bobcaygeon H Wilkinson Library 3.24055 1,650.25
Subdivider for Water - Emily 3.2407 13,454.71
Woodville M. Cronin Estate 3.2409 232.04
Grand Island Reserve - Fenelon Township
3.24095 34,261.75
Total Reserve Transfers $16,894,051.70