NEWS EDITORIAL
March 31, 2008
Dear residents,
As you are aware, the proposed $50 snow levy came to City
Council over the past two days, and was open to debate.
The one-time levy would have worked out to be a 2.3 per cent
increase on your property tax bill, which already stood at a 4.9 per cent. This
would have increased your property tax to 7.2 per cent.
A motion was brought forth at Council by Councillor
El-Chantiry, and seconded by myself, to spend $14.6 million of our $70 million
infrastructure budget to pay a portion of the expected $23 million shortfall in
this year’s snow-removal budget.
When we receive the $14.6 million announced by the Provincial
government for infrastructure renewal, those dollars will replenish our
infrastructure budget, and bring the total back to $70 million.
As such, rather than increase your property taxes beyond the
previously committed 4.9 per cent level, Council voted to use the $14.6 million
we already have. The remaining $8.4 million balance might be revisited in the
2009 budget process, or handled through efficiencies.
I felt it was unfair to keep going back to the proverbial
well (you, the taxpayers) to balance our budget.
Council will still spend $70 million this year to improve our
road systems, including rectifying pothole issues, which is an increase of $20
million from 2007 levels.
Additionally, as part of the 4.9 per cent tax increase, there
is a 2 per cent levy for general infrastructure renewal.
Thank you for your many comments on the issue.
Sincerely,
Councillor Shad Qadri
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