On June 17 Council agenda there is a report recommending approval of the direction and timelines for developing and approving the 2025 operating budget cycle. And, Council is also requested to endorse the estimated increase of 4-5% pending review and presentation of the budget.  Basis for this estimate is what was approved for 2024 and consideration of the various pressures such as inflation, growth pressures; on  page 4 there is list of all the budget pressures. One of the budget pressures is more funding to the reserves to address the asset management needs for both core and non-core assets.  As indicated in the report there will be a new approach to the budget which will be more informative as to what service is being delivered.