2025-11-12 Finance Committee Minutes - Open Session
Finance Committee Meeting
Open Session
November 12, 2025
MINUTES – OPEN SESSION FINANCE COMMITTEE MEETING
NOVEMBER 12, 2025, AT 4:30 PM
MEETING CONDUCTED BY ELECTRONIC PARTICIPATION
Present: Councillor G. Sullivan
Councillor P. Radwan
Councillor G. Norton
Absent: Mayor D. Noade Reardon
Councillor G. Stewart
Also
Present: Chief Administrative Office B. McGovern
Commissioner of Finance and Treasurer K. Fudge
General Counsel M. Tompkins
Fire Chief R. Nichol
Commissioner Human Resources S. Hossack
Commissioner Public Works and Transportation M. Hugenholtz
Commissioner Utilities and Infrastructure I. Fogan
Director Financial Services J. Forgie
Director Financial Services C. Lavigne
Director Corporate Performance S. Rackley-Roach
Director Saint John Water K. Mason
Director Growth and Community Support Services D. Dobbelsteyn
Intermediate Accountant V. Parikh
Deputy City Clerk A. McLennan
Administrative Assistant A. Kumpan
1. Meeting Called to Order
Councillor Sullivan called the Finance Committee open session meeting to order.
2. Approval of Minutes
2.1 Minutes of October 29, 2025
Moved by Councillor Radwan, seconded by Councillor Norton:
RESOLVED that the minutes of October 29, 2025, be approved.
MOTION CARRIED.
3. Approval of Agenda
Moved by Councillor Radwan, seconded by Councillor Norton:
RESOLVED that the agenda of November 12, 2025, be approved.
MOTION CARRIED.
4. Disclosures of Conflict of Interest
No disclosures.
Finance Committee Meeting
Open Session
November 12, 2025
5. Consent Agenda
6. Business Matters
6.1 2026 General Fund Operating Budget
Commissioner Fudge provided an overview of the 2026 General Fund Operating Budget.
Moved by Councillor Radwan, seconded by Councillor Norton:
RESOLVED that Finance Committee endorse the proposed 2026 General Fund Operating Budget and
forward the budget to Common Council for receive and file.
MOTION CARRIED.
6.2 2026 Utility Fund Operating Budget
Commissioner Fogan provided an overview of the 2026 Utility Fund Operating Budget.
Moved by Councillor Radwan, seconded by Councillor Norton:
RESOLVED that Finance Committee endorse the proposed 2026 Utility Fund Operating Budget and
forward the budget to Common Council for receive and file.
MOTION CARRIED.
6.3 September 2025 Year to Date and Year End Financial Projections
Director Lavigne reviewed the submitted presentation entitled “September 2025 Year to Date and Year
End Financial Projections”.
Moved by Councillor Radwan, seconded by Councillor Norton:
RESOLVED that Finance Committee recommends the approval of the allocation of reserve funding of up
to $4 Million from Utility Fund Reserve to the 2025 Utility Fund Operating Budget for emergency
expenditures at the Eastern Wastewater Treatment Facility and for Emergency Pumping at the Loch
Lomond Drinking Water Supply to ensure continued service to Water Utility Customers.
MOTION CARRIED.
7. Adjournment
Moved by Councillor Radwan, seconded by Councillor Norton:
RESOLVED that the Finance Committee meeting be adjourned.
MOTION CARRIED.
The Finance Committee open session meeting held on November 12, 2025, was adjourned at 5:05 p.m.