City of Hamilton
AUDIT, FINANCE AND ADMINISTRATION COMMITTEE
REVISED

Meeting #:

AFA 26-006

Date:

Thursday, May 07, 2026

Time:

9:30 A.m. - 10:30 A.m.

Location:

Council Chambers

Hamilton City Hall

71 Main Street West

Tamara Bates, Legislative Coordinator [phone] ext. 4102

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1.

CALL TO ORDER

2.

CEREMONIAL ACTIVITIES

3.

APPROVAL OF AGENDA

(Added Items, if applicable, will be noted with *)

4.

DECLARATIONS OF INTEREST

5.

ADOPTION OF MINUTES OF PREVIOUS MEETING

5.1

AFA 26-005

Audit, Finance and Administration Committee minutes of the meeting held on April 16, 2026

6.

DELEGATIONS

7.

ITEMS FOR INFORMATION

7.1

FCS26032

2026 Development Charges Indexing (City Wide)

7.1.a

FCS26032(a)

Review of 2026 Development Charges Indexing (City Wide)

7.2

FCS26029

Review of a Potential Development Charges Exemption for Fourth Residential Units (City Wide)

7.3

FCS26025

Reserve/Revenue Fund Investment Performance Report as of December 31, 2025 (City Wide)

7.4

FCS26026

Hamilton Future Fund Investment Performance Report as of December 31, 2025 (City Wide)

7.5

FCS26027

Cemetery Trust Accounts Investment Performance as of December 31, 2025 (City Wide)

7.6

FCS26028

Treasurer's Investment Report 2025 Fiscal Year by Aon (City Wide)

7.7

HUR26008

Elect Respect (Outstanding Business List) (City Wide)

7.8

PED26077

Corporate Real Estate Leases and Licences Audit – Status Update (City Wide)

7.9

AUD26005

Fraud, Waste, and Whistleblower Semi-Annual Update (City Wide)

8.

ITEMS FOR CONSIDERATION

8.1

HSC26012

Transition of the Women and Gender Equity Advisory Committee to Hamilton Women and Gender Equity Community Liaison Group (City Wide)

8.2

FCS26015

Tax and Rate Operating Budget – Forecast 2025 Variance Report (City Wide)

8.3

FCS26043

City of Hamilton / Ministry of Transportation 2025-26 Dedicated Gas Tax Funding Agreement (City Wide)

8.4

FCS26044

Bill 98, Building Homes and Improving Transportation Infrastructure Act, 2026 as it Relates to the Development Charges Act, 1997 (City Wide)

8.5

Amendments to the Outstanding Business List

8.5.a

Items Considered Complete and To Be Removed:

8.5.a.a

2026 Development Charges Indexing (City Wide) (FCS26032)

Added: April 16, 2026 AF&A (Item 7.1)
Addressed as Item 7.1(a) on today’s agenda.

8.5.a.b

Potential Development Charges Exemption for Fourth Residential Units

Added: January 15, 2026 AF&A (Item 9.1)
Addressed as Item 7.2 on today’s agenda

8.5.a.c

Elect Respect Pledge

Added: December 4, 2025 AF&A
Addressed as Item 7.7 on today’s agenda

8.5.a.d

Corporate Real Estate: Audit of Lease of Space at Pier 7, 121 Haida Drive (formerly 47 Discovery Drive) (AUD25008)

Added: October 2, 2025 AF&A (Item 8.1(d))
Addressed as Item 7.8 on today’s agenda

8.5.a.e

Volunteer Advisory Committee Review (City Wide) (CM23025)(b))

Added: February 26, 2025, GIC (Item 8.3(i)(a)(vi))
Addressed as Item 8.1 on today’s agenda

9.

MOTIONS

9.1

Adjustment to Fair Wage Eligibility Timeline

10.

NOTICES OF MOTION

11.

PRIVATE AND CONFIDENTIAL 

11.1

Closed Minutes - AFA 26-005 - April 16, 2026

Pursuant to Section 9.3, Sub-sections (a), (e) and (k) of the City's Procedural By-law 21-021, as amended, and Section 239(2), Sub-sections  (a), (e) and (k) of the Ontario Municipal Act, 2001, as amended, as the subject matter pertains to the security of the property of the City or a local board; litigation or potential litigation, including matters before administrative tribunals, affecting the City or a local board; and a position, plan, procedure, criteria or instruction to be applied to any negotiations carried on or to be carried on by or on behalf of the municipality or local board.

12.

ADJOURNMENT