Posts tagged budget
Budget 2021: Five Questions

This week, Council will be debating Budget 2021.

The Budget is Council’s most important work. It touches on absolutely everything the City does. So, I’m looking forward to our conversation!

Our staff have done a great job creating a Budget Book that clearly outlines City administration’s proposed revenues and spending. You can see it here.

Following, I lay out the five questions I think will receive the most conversation and debate from Council.

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Budget 2020: 5 Things to Know

Council just approved the budget for 2020. I’m very happy with the work that went into it….

Here are five key things to know about Budget 2020:

  • It has big investments in roads and safety

  • ~$4.5 million will be lost to senior levels of government

  • Downtown Rehabilitation will continue in 2021

  • Big savings were found throughout the City

  • Taxes are down this Council term

Following is more information…

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Dylan BresseybudgetComment
Budget 2020: Where We've Come and My Priorities

Tomorrow, Council heads into deliberations concerning Budget 2020. This is the third budget our current City Council will be setting. And it will be a very difficult one….

As with any large organisation, there is still room for efficiency in the City. We’ll continue figuring out how to use City resources better. But, we don’t have anywhere near the same potential savings as was possible last year. As always, inflation adds annual costs to the City. And in 2020, provincial and federal changes are creating holes worth millions of dollars in the City budget.

I do not see how Council could set a 2020 tax decrease, or even hold taxes where they are, without reducing some services delivered by the City. At the same time, controlling the tax burden is a big concern. Through budget deliberations, the predominant conversation will be, “in light of significant increased costs to the City, how can we balance maintaining quality services with charging reasonable taxes?”…

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Dylan BresseybudgetComment
Budget 2020: Impacts of Provincial and Federal Decisions

Next week, Council will be debating Budget 2020. Recently, I wrote about what we heard from the public regarding the budget. In this post, I’ll be writing about the impact provincial and federal decisions will have on the City’s budget.

There are many changes happening at the provincial and federal levels. Because of these, the City will need to make up for millions of dollars in lost revenue and increased costs between 2019 and 2020. This lost revenue will have an impact on local services and/or taxes.

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