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Tuesday, June 23, 2009

City Hall Prepares for Possible Smaller Budget in 2010

Councilor Gary Sullivan says changes to the way property taxes will be doled by the province may mean far less money next year than the city was expecting. As a precaution council is asking city administration, and all agencies, boards and commissions to prepare next year's budget based on a 2.5 per cent increase, rather than 4.5 per cent as previously stated.

Sullivan says it's easier to add to the budget if there is extra money than it is to make cuts after the fact.

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