Potential tax increase reduced after Day 2 of city budget talks
City Hall budget talks continue Friday with a lower projected property tax than when talks started on Wednesday.
Cuts have reduced the amount needed to be funded from taxes by $1.25 million. That means the projected tax increase is now at 4.9 per cent.
Mayor Jackie Clayton says council does not intend to “raise taxes arbitrarily.”
“Every decision that’s made at budget deliberations takes long, serious discussion and debate to prioritize services and capital improvements in our community.”