Budget Committee of the Whole Meeting
Agenda

BCW#02-25

Tuesday, June 24, 2025 at 1:30 P.m. - 4:30 P.m.

Council Chambers

225 East Beaver Creek Road

Richmond Hill, Ontario

Chair, Joe DiPaola, Regional and Local Councillor

PUBLIC NOTICE

City facilities are open to the public to attend Council and Committee meetings. The public can observe meetings of Council and Committees by attending in-person or by viewing the livestream of the open session part of these meetings which can be accessed on the City’s website (Richmondhill.ca) or on the City’s YouTube page (linked from the City’s homepage).

Public Comments: The public may submit written correspondence regarding agenda items by email to [email protected]. Written correspondence must be submitted by 12 p.m. (noon) one business day before the meeting. Comments submitted will be provided to all Members of Council, are considered as public information and will be included on the public agenda posted to the City's website.

Delegations: Any person who wishes to speak to Council on agenda items must pre-register with the Office of the Clerk by 12 p.m. (noon) one business day before the meeting. Applications to appear as a delegation can be submitted by email to [email protected] or by using the on-line application form found on Richmondhill.ca. Delegations can be in person, or electronically by video conference or telephone. The Office of the Clerk will provide instructions on appearing as a delegation.

 

---

1.

Call to Order

2.

Adoption of Agenda

3.

Disclosures of Pecuniary Interest and General Nature Thereof

4.

Delegation(s)

5.

Scheduled Business

5.1

SRCFS.25.013 - 2024 Reserve and Reserve Fund Status

• a) That staff report SRCFS.25.013 regarding 2024 Reserve and Reserve Fund Status, be received;

  b) That the Housing Accelerator Fund Grant Reserve Fund By-law 63-25 included in Appendix C to staff report SRCFS.25.013, be enacted; and

  c) That for administration purposes, the Ontario Cannabis Legalization Implementation Reserve be closed upon amalgamation with the Tax Rate Stabilization Reserve.

5.2

SRCFS.25.025 - 2024 Development Charges, Cash in Lieu of Parkland and Community Benefits Charge Reserve Funds Statement

• a) That staff report SRCFS.25.025 regarding 2024 Development Charges, Cash in Lieu of Parkland and Community Benefits Charge Reserve Funds Statement, be received;

  b) That the 2024 Development Charges, Cash in Lieu of Parkland and Community Benefits Charge Reserve Funds Statement be made available to the public on the City of Richmond Hill website as outlined in staff report SRCFS.25.025.

5.3

SRCM.25.11 - 2024 Grant Portfolio Update

• a) That staff report SRCM.25.11 regarding 2024 Grant Portfolio Update, be received.

5.4

SRCFS.25.028 - Stormwater Management Capital Financing Plan

• a) That staff report SRCFS.25.028, regarding Stormwater Management Capital Financing Plan, be received for information purposes;

  b) That internal financing from the Community Enhancement and Economic Vitality Reserve Fund to finance the $22 million capital requirements of the Stormwater Management Financial Plan, be approved.

5.5

SRCFS.25.019 - 2026 Tariff of Fees Update

- Presentation by Gigi Li, Director of Financial Services and Treasurer

(Please note this will be a 20-minute presentation)

• a) That staff report SRCFS.25.019 regarding the 2026 Tariff of Fees Update be received; and

  b) That draft By-law 61-25, attached as Appendix “D” to the staff report SRCFS.25.019 be brought forward to the July 9, 2025, Council meeting for consideration and enactment with fees effective January 1, 2026, unless otherwise noted.

6.

Adjournment