The first of three 2017 budget meetings was held Monday at city hall with the second in the series on tap this coming Monday at 4 p.m. where the focus will shift to proposed capital projects and grants.
The 2017 draft budget requires a municipal tax levy increase of 3.44 per cent. However when you factor in an additional $41 million in residential assessment, that reduces the proposed levy to a 2.32 per cent increase.
Proposed capital projects this year total $36.3 million in expenditures. Continue reading