Revenue is a tool required to yield a 'return on investment,” not just to burn in a pile with no return.
Let’s start by putting one thing to bed. Shaking the same money tree to knock more leaves off it is not tapping a new revenue stream”, by any stretch of the imagination. If you believe that you are the sap we are being played for.Single family mean average home tax increase is to be $184, approximately, for the 2024 taxation year. Plus for the next 6 months they want us to pay an additional $80 to use a park we already paid, for at least 20 years, to access 4 hours per day.
Then add the 1.2 per cent increase for the carrying forward of the home for the aged debenture, if transparency truly mattered, your final tax rate increase will be 12 per cent for those six months. And don't forget the losses that will be incurred by the free all-day passes handed out to the special interest groups because of their enjoyment factor meaning far more than those, who also paid, for the facility, given away before one penny had been collected.
Secondly, I believe this concept of paid parking at a public facility has nothing to do with bringing Thunder Bay in line with other communities. It shows a complete lack of reasonable concepts of fiscal prudence. Revenue is a tool required to yield a "return on investment,” not just to burn in a pile with no return.
As the "board of directors," council's job is to ensure that “best” return on investment is brought to the shareholder by the corporation, not light the bonfire.
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