THAT the 2020 Operating Budget approved on November 29, 2019, in the amount of $718,371,428, be adjusted to $581,220,345; representing $431,190,345 for Municipal operations and $150,000,000 as a funding transfer for reserve and capital purposes, and
THAT the committed undrawn debt payment, in the amount of $96,000,000 be offset against the uncommitted Capital Infrastructure Reserve.