Request #

IR-24-15

That Administration advise:

1. What the process is for the Downtown Business Association (DBA) to carry over funds from one year budget to the next (ie from 2024 budget to 2025 budget) due to delayed projects that were identified in the budget originally approved by Council.

2. What changes, if any, would be required to the DBA Bylaws etc... so that budget items could be carried over by the DBA without requiring Council approval.

Requested by Fmr. Councillor Killick on July 2, 2024

Administrative Response

The following backgrounder report was prepared by Financial Services for Council's review.

• Administrative Report

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