ICYMI: City not planning cuts to services for four-year budget yyc yyccc
Earlier this year, council directed administration to keep budget increases tied to population growth plus inflation, and on Wednesday administration told council it is doing just that.Article content
“With household expenditures increasing an average of 7.4 per cent in Alberta this year, we are working hard to maintain affordability by keeping the projected increase in city expenditures as low as possible,” said Duckworth. “Until we have an approved budget and a finalized assessment role on an individual basis, it’s very difficult ,” said Male.
“Indications are that the market is strong and assessed, property values have gone up, which means if we left our mill rate the same, we would collect more than we needed,” said the mayor. “So we might be able to adjust our mill rate down, still have enough to pay for inflation and population growth and keep service levels steady.”
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