Winner – New Business of the Year

Tag archive

budget

Taxes to increase 3.5 per cent under pressure from provincial cuts, winter control costs

in Municipal by
Taxes to increase 3.5 per cent under pressure from provincial cuts, winter control costs
Winter control costs have gone up for the City.

At the Special Council meeting on December 3, Council approved the 2020 Operating Budget. There will be a 3.5% increase to the tax levy, slightly below the forecasted increase in the long term financial plan.

Council received a presentation from Jennifer Stover, Director of Corporate Services. Stover noted that the Operating Budget is $205 million of a total municipal budget of $305 million. The Capital, Water and Wastewater and Special Project Budgets were adopted by Council on November 26 totalling $100 million.

Keep Reading

Council to prioritize capital projects, remain ‘nimble’ in wake of provincial changes

in Municipal by

Council met on September 17 and 18 to hear from staff across all departments about the driving forces shaping the 2020 budget. The main themes will be prioritizing the timing of capital projects and remaining resilient in the wake of known and potential funding cuts and reorganization of service delivery by the province.

Ron Taylor, CAO, summed up the discussions by noting, “We have a 2020 capital budget that is very ambitious at almost $50 million. It includes a number of new and significant projects that invest in our roads, downtowns and parks. Council has acknowledged the need to prioritize projects in light of many unknowns at the provincial level. The timing of capital projects will be critical to ensure we stay on course with our financial plan in order to keep services affordable for residents.”

Keep Reading

City loses $620,000 for licensed childcare in PC cuts; more kids for less staff expected

in Community/Municipal/Poverty Reduction/Provincial by

More than $620,000 in funding has been lost to the City of Kawartha Lakes for licensed childcare spaces due to cuts from the provincial PC government.

Within that pot, nearly $258,000 was for general allocation funding. This money is used for child care fee subsidies for low-income families and general operating costs.

The remaining amount, more than $360,000 is being eliminated through cost sharing changes. In what was once a 100 per cent boost from the Province, it is now a forced 80-20 cost-sharing agreement between Province and Municipality. This includes reductions in the administration allowances (from 10 per cent down to 5 per cent).

Keep Reading

Go to Top