Finance and Administration Standing Committee Meeting
Agenda

Tuesday, November 25, 2025 at 7:00 P.m. - 11:00 P.m.

S.H. Blake Memorial Auditorium

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1.

Finance and Administration Standing Committee in the S.H. Blake Memorial Auditorium (Council Chambers) at 7:00 p.m.

Chair: Councillor Bentz

2.

Land Acknowledgement

               

3.

Disclosures of Interest

       

4.

Confirmation of Agenda

• WITH RESPECT to the Tuesday, November 25, 2025 Finance and Administration Standing Committee meeting, we recommend that the agenda as printed, including any additional information and new business, be confirmed.
  
  

5.

Minutes of Previous Meetings

Minutes of the Finance & Administration Standing Committee, held on October 14, 2025, for information.

6.

Reports of Administration

6.1

Thunder Bay Community Tennis Centre

Report 368-2025-Corporate Services-Finance providing the Finance and Administration Standing Committee with information relative to the Thunder Bay Community Tennis Centre. 

Correspondence received from Jamie Grieve and Deborah Rosnow, Thunder Bay Community Tennis Centre dated October 30, 2025 requesting the opportunity to provide a deputation relative to the Thunder Bay Community Tennis Centre. 

6.2

2024 Audited Consolidated Financial Statements

Report 327-2025-Corporate Services-Finance seeking endorsement of the Finance and Administration Standing Committee relative to the Audited Consolidated Financial Statements and the Trust Fund Statements. (Distributed separately)

6.3

Building Faster Fund and Housing Accelerator Fund Funding Reallocation

Report 262-2025-Growth-Development Services seeking endorsement of the Finance and Administration Standing Committee relative to Appropriation No. 20-2025 reallocating Building Faster Fund and Housing Accelerator Fund funding.

• WITH RESPECT to Report 262-2025-Growth-Development Services, we request endorsement of the Standing Committee to forward the following recommendations to City Council:
  
  WE RECOMMEND THAT Appropriation No. 20-2025 be approved to reallocate Building Faster Fund and Housing Accelerator Fund funding between the Burwood Road Network Expansion Phase II and Empire Avenue – Brown Street to 100M West projects, and increase the Empire Avenue project budget by $180,000;
  
  AND THAT any necessary by-laws be presented to City Council for ratification.
  
  

6.4

2025 Operating Budget Q3 Financial Status Update

Report 370-2025-Corporate Services-Finance providing the Finance and Administration Standing Committee with updated variance projections for the 2025 fiscal year, for information. 

7.

New Business

8.

Adjournment