1:30 p.m., Oct. 23)
city budget includes 1.9 per cent tax increase
By Fred Sherwin
staff tabled the 2014 draft budget at city council earlier
today, which among other things, calls for a 1.9 per cent
proposed increase is above the current rate of inflation,
which is holding steady at 1.1. per cent, but it is well
below Mayor Jim Watson's campaign promise of no tax increases
above 2.5 per cent.
1.9 per cent tax increase equates to an additional $62
a year for the average urban homeowner or just over $5
first glance, Watson said he was pleased with the draft
document and the proposed tax increase and staff recommendations.
feel comfortable that we're providing the dollars necessary
to keep the organization running, to increase our commitment
to both our reserve funds and basic lifecycle maintenance
and to ensure we have enough money in the growth areas
so when we bring a new facility on, we can actually staff
it," Watson said
order to keep the tax increase below two per cent, the
draft budget calls for a reductions of 55 full-time positions
other things, the draft budget calls for a freeze in the
garbage fee at $82 per household; maintain the freeze
on the Mayors salary; and administrative budgets
for the Mayor and members of council; and maintain the
freeze on parks and rec fees for a fourth straight year.
draft budget also includes a further $45 million infusion
of the road resurfacing budget. a total investment of
$359.2 million in capital projects to maintain, renew
and protect the city's infrastructure asserts.
is also money to continue the city's support of arts and
culture through an additional investment of $500,000 in
the Arts, Heritage and Culture Plan.
details will be released during the budget deliberations
story was made possible thanks to their generous support
of our local business
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