PUBLISHED IN THE PG CITIZEN ON AUGUST 19th, 2014. FULL LINK HERE
BY CHARELLE EVELYN
City council will get to see what a 1.5 per cent tax levy increase looks like, but won’t be holding itself to that number.
During Monday night’s meeting, the majority of council members were unsupportive of a proposal by Coun. Albert Koehler to cap the general tax increase in the 2015 draft budget at 1.5 per cent.
An amendment put forward by Coun. Lyn Hall was unanimously approved to include the 1.5 per cent limit in the work staff are already doing to prepare next year’s financial plan.
Setting the limit at 1.5 per cent would tie the hands of administration, a number of councillors said.
Last year, Koehler brought forward a similar proposal, to tie the tax levy increase to the rate of inflation. By the time council was finished with it, staff were directed to come back with a draft budget with no more than a 2.5 per cent levy increase. (more…)