Council

That the following communication BE RECEIVED and BE REFERRED as noted on the Agenda: 6.1 J. DeActis, Executive Director, The Salvation Army London Centre of Hope.

That the 4th Report of the Budget Committee BE RECEIVED.

That it BE NOTED that no pecuniary interests were disclosed.

That it BE NOTED that the Mayor's Proposed Budget was provided to each member of Council, the City Clerk, and the public on October 27, 2025.

That, on the recommendation of the Deputy City Manager, Finance Supports, the following actions be taken: a) the Reconciliation of the Property Tax, Water and Wastewater and Treatment Budgets to the Public Sector Accounting Board Financial Statement Budget (“Reconciliation”) as presented in the Mayor’s Tabled Budget for Council’s Consideration – 2026 Annual Budget Update (attached as Appendix "A" to the staff report) BE RECEIVED for information; b) the Civic Administration BE DIRECTED to update the Reconciliation based on final budget decisions and to publish it within the adopted 2026 Annual Budget Update document; c) the Civic Administration BE DIRECTED to bring forward any necessary by-laws regarding the tax levy for introduction at Municipal Council; and d) the 2026 Annual Budget Update Presentation (attached as Appendix "B" to the staff report) BE RECEIVED for information. 2

That it BE NOTED that the Budget Committee received a communication dated September 25, 2025 from D. Trentowsky, Chair, Upper Thames River Conservation Authority with respect to the Budget.

That the 5th Report of the Budget Committee BE RECEIVED.

That the following written submissions for the 2026 Annual Budget Public Participation Meeting BE RECEIVED for consideration by the Municipal Council as part of the Multi-Year approval process: · a communication dated November 13, 2025 from K. Pagniello, Executive Director and Lawyer, M. Laliberte, Staff Lawyer, Neighbourhood Legal Services, London and Middlesex; and · a communication dated November 13, 2025 from C. Butler; it being noted that at the public participation meeting associated with this matter, the following individuals made oral submissions regarding this matter: · K. Pagniello, Executive Director and Lawyer, Neighbourhood Legal Services, London and Middlesex; · M. Cassidy; · T. Zientara; · N. Saika-Voivod; · L. Godby; · N. Graham; · L. Unknown; · K. Henricus; · O. Sayyed; · J. Hue; · K. Brown; · S. Kanchi; · A. Beaton; · N. Miller; · D. Boyce; · F. Oyindamola Betiku; · M. Wallace; · M. Moussa; · B. Samuels; · M. Shaw; and · A. Keet.

That items 1 to 15 (4.12) of the 6th Report of the Budget Committee BE RECEIVED with the exception of items 8 (4.9) and 11 (4.3).

That the Budget presentation from the Deputy City Manager, Finance and Supports BE RECEIVED.

That it BE NOTED that the Mayor's Proposed Budget was provided to each member of Council, the City Clerk, and the public on October 27, 2025. 4

That Business Case #P-6 - Reduced Road Network Improvements - BE EXCLUDED from the Mayor’s Tabled 2026 Annual Update Budget: 2026 Operating Expenditures: $114,000 2026 Tax Levy: $114,000 2026 Capital Expenditures: $114,000 2027 Operating Expenditures: $114,000 2027 Tax Levy: $114,000 2027 Capital Expenditures: $114,000

That the Mayor’s Tabled 2026 Annual Budget Update BE AMENDED by increasing the roadways budget to implement traffic calming in school zones across the city and deploy more temporary traffic calming devices to mitigate construction-related traffic diversions in neighbourhoods during capital projects, with the capital expenditures to be funded from the Automated Enforcement Reserve Fund: 2026 Operating Expenditures: $155,000 2026 Tax Levy: $0 2026 Capital Expenditures: $100,000 2027 Operating Expenditures: $155,000 2027 Tax Levy: $0 2027 Capital Expenditures: $100,000 it being noted the operating expenditures to be funded for two years from the Automated Enforcement Reserve Fund; it being further noted that the Budget Committee received a communication dated November 10, 2025 from Councillors C. Rahman and S. Stevenson with respect to this matter.

That Business Case #P-12 Resident Satisfaction Survey Frequency - BE EXCLUDED from the Mayor’s Tabled 2026 Annual Budget: 2026 Operating Expenditures: $0 2026 Tax Levy: $0 2026 Capital Expenditures: $0 2027 Operating Expenditures: $28,000 2027 Tax Levy: $28,000 2027 Capital Expenditures: $0

That the Mayor’s Tabled 2026 Annual Budget Update BE AMENDED to utilize previously budgeted 2025 tax supported funding for statutory Development Charges (DC) exemptions for tax levy mitigation. It being noted that these funds were budgeted in 2025 and have not been contributed to the tax supported DC Exemptions reserve fund nor subsequently transferred to the obligatory City Services (DC) reserve funds, whereas 2024 contributions have been completed based on Council direction and the adopted budget and therefore cannot be utilized for this purpose per section 35(1) of the Development Charges Act. It being further noted that this would reduce the projected 2025 surplus (to be finalized in April 2026 and subject to external audit) and corresponding surplus allocations per the Surplus/Deficit Policy: 2026 Operating Expenditures: $0 2026 Tax Levy: - $2,400,000 2026 Capital Expenditures: $0 2027 Operating Expenditures: $0 2027 Tax Levy: - $2,400,000 2027 Capital Expenditures: $0 it further being resolved that the City Treasurer BE AUTHORIZED to contribute the above noted amount to the Operating Budget Contingency Reserve in 2025 to be utilized in the 2026 and 2027 City of London operating budget to offset the general tax levy.

That Business Case #P-25 - Stop Collecting Blue Box Materials from Non-Eligible Sources - BE INCLUDED in the Mayor’s Tabled 2026 Annual Update Budget: 2026 Operating Expenditures: -$250,000 2026 Tax Levy: - $250,000 2026 Capital Expenditures: $0 2027 Operating Expenditures: -$250,000 2027 Tax Levy: - $250,000 2027 Capital Expenditures: $0 it being noted that the Budget Committee received a communication dated November 19, 2025 from Mayor J. Morgan with respect to budget cases.

That it BE NOTED that the Budget Committee received a communication dated November 9, 2025 from Councillor S. Stevenson with respect to an amendment to the Mayor's 2026 Annual Budget Update to fund Business Case #P-1 LMCH Operating Budget Support for 2026-2027 from the Operating Budget Contingency Reserve.

That it BE NOTED that the Budget Committee received a communication dated November 17, 2025 from Councillor S. Stevenson with respect to an amendment to the Mayor's 2026 Annual Budget Update by reducing the tax levy by 1%.

That it BE NOTED that the Budget Committee considered an amendment to the Mayor's 2026 Annual Budget Update to redirect a portion of Business Case #P-20 (2024 Surplus Allocation for Tax Mitigation) to increase funding for the Housing Stability Bank program for 2026 and 2027; it being further noted that the Budget Committee received a communication dated November 18, 2025 from Councillor S. Stevenson with respect to an amendment to the Mayor's 2026 Annual Budget Update by combining the 2026 and 2027 one-time adjustments in Business Case #P-20 Portion of 2024 Surplus Allocated for Tax Mitigation; it being further noted that the Budget Committee received a communication dated November 18, 2025 from Councillors S. Trosow and D. Ferreira with respect to this matter.

That it BE NOTED that the Budget Committee received a communication dated November 19, 2025 from Councillor D. Ferreira with respect to an amendment to the Mayor's 2026 Annual Budget Update to include funding to establish a dedicated, year- round “Hot Spots” crew to proactively monitor and respond to sharps and biohazards in public parks and open spaces.

That it BE NOTED that the Budget Committee considered an amendment to include Business Case #P-24 (Eliminate Climate Change Reserve Fund Contribution) in the Mayor's 2026 Annual Budget Update.

That it BE NOTED that the Budget Committee considered an amendment to the Mayor's 2026 Annual Budget Update to exclude Business Case #P-2 Middlesex-London Health Unit Debt Retirement from the Mayor’s Tabled 2026 Annual Budget Update; it further being noted that the Budget Committee received a communication dated November 14, 2025 from E. Williams, Chief Executive Officer, Middlesex-London Health Unit, and a communication dated November 9, 2025 from Councillor S. Stevenson, with respect to this matter.

That the motion be amended to read as follows: That the Mayor’s Tabled 2026 Annual Budget Update BE AMENDED in order to fund the Housing Stability Bank Program $250,000 for 2026 from the Community Investment Reserve Fund: 2026 Operating Expenditures: $250,000 2026 Tax Levy: $0 2026 Capital Expenditures: $0 it being noted that the future funding for the Housing Stability Bank can be brought back for debate at the 2027 update and that the level of funding for the next multi-year budget may warrant review based on future demand; it being further noted that a communication with respect to this matter was received from J. DeActis, Executive Director, The Salvation Army London Centre of Hope.

That the motion, as amended, BE APPROVED.

That Introduction and First Reading of Bill No. 431 BE APPROVED.

That Second Reading of Bill No. 431 BE APPROVED.

That Third Reading and Enactment of Bill No. 431 BE APPROVED.

That the meeting BE ADJOURNED.