That the following actions be taken with respect to the 2020-2023 Multi-Year Budget:
a) the 2020-2023 corporate tax levy BE ADOPTED in the amount of $2,684,600,789, which represents an approximate average annual increase of 3.9% from rates; and 2020-2023 gross expenditures equal to $4,197,079,669;
b) the 2020 corporate tax levy BE ADOPTED in the amount of $642,901,178 after recognizing $9,868,280 of increased taxation from assessment growth; and 2020 gross expenditures equal to $1,021,582,817;
c) the Civic Administration BE DIRECTED to bring forward any necessary by-laws regarding the operating and capital budgets for introduction at Municipal Council; and,
d) the Managing Director, Corporate Services and City Treasurer, Chief Financial Officer and the City Clerk BE INSTRUCTED to prepare the 2020-2023 Tax Levy By-law for introduction and enactment by the Municipal Council at the appropriate time.