The Grimsby Record

Finance Committee

April 24, 2025

Who was there

Present (2): Delight Davoli, Lianne Vardy

Absent (2): Don Howe, Jennifer Korstanje

Taken from the roll call in the town’s own minutes. The minutes record who was not there and almost never why.

What was decided (6 motions)

6 carried, 0 recorded otherwise. Every motion below is printed as the minutes print it.

Resolved that the agenda for the April 24, 2025, Finance Committee meeting be approved.
Moved by Councillor L. Vardy, seconded by Member P. Demare
Carried
Resolved that the following meeting minutes be approved:  Finance Committee - March 27, 2025  Grimsby Economic Development Advisory Committee - April 3, 2025
Moved by Member P. Demare, seconded by Member A. Scandinavo
Carried
Resolved that report DCS-25-13, titled Budget Amendment for Library/Art Gallery Roof Repair, dated April 24, 2025, be received as amended; and 1. That the Finance Committee recommends that Council approve the additional funding of $12,000 to complete the Library/Art Gallery facility roof repair funded 50 per cent from the Parks & Recreation Facilities reserve and 50 per cent from the Library Facilities reserve.
Moved by Member A. Scandinavo, seconded by Councillor L. Vardy
Carried
Resolved that report FIN-25-27, titled 2024 Development Charge Reserve Fund Statements, dated April 24, 2025, be received; and 1. That the Treasurer’s Annual Statement of Development Reserve Funds for 2024 be publicly available on the Town’s website and upon request.
Moved by Member A. Scandinavo, seconded by Councillor L. Vardy
Carried
Resolved that report FIN-25-28, titled Peach King Centre Expansion Cost Update - April 2025, dated April 24, 2025, be received for information.
Moved by Member P. Demare, seconded by Councillor L. Vardy
Carried
Resolved that report FIN 25-29, titled Tax Levy and Tax Rates, dated April 24, 2025, be received; and 1. That the Finance Committee recommends the 2025 tax ratios and sub- class reductions as outlined in Schedule "A" be adopted in accordance with Regional By-law 2025-04; and 2. That the Town of Grimsby general tax rates as outlined in Schedule "B" be approved; and 3. That the Region of Niagara general tax rates as outlined in Schedule "C" be adopted in accordance with Regional By-law 2025-03; and 4. That the Region of Niagara waste management tax rates as outlined in Schedule "D" be adopted in accordance with Regional By-law 2025-03; and 5. That the Region of Niagara transit tax rates as outlined in Schedule "E" be adopted in accordance with Regional By-law 2025-03; and 6. That the Education tax rates as outlined in Schedule "F" be adopted in accordance with Ontario Regulation 400/98; and 7. That the Town of Grimsby Wastewater rates as outlined in Schedule "G" be approved; and 8. That the Grimsby Downtown Business Improvement Area (GDBIA) rates as outlined in Schedule "H" be approved; and 9. That a 2025 Tax Rates and Tax Levy By-law be prepared and the information outlined in Schedule A through H be included in the By-law.
Moved by Councillor L. Vardy, seconded by Member A. Scandinavo
Carried

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