Hello Ward 8 Neighbours,
Council has recently approved the City’s 2020 Tax Supported Capital Budget.
This approval supports a $244M million gross in capital infrastructure projects in addition to approved capital projects in 2019, resulting in a gross 2020 capital budget of $397.7M. An increase in capital funding from property taxes equates to an increase in the operating budget of 0.87 per cent or $7.545 million. This represents an increase of approximately $31 per year on an average household.
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