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Tuesday, September 27, 2011

Council Prepares For Doomsday Scenario With Pension Reforms

Councillor Chris Titus says a worst-case scenario needs to be prepared sooner rather than later for the city's budget in case the province falls through on approving pension reforms.

Titus making the motion during last night's council meeting and he says a budget should be formed that factors in as much as 10 million dollars in cuts to major city services like police, fire, and recreation.

He says its not a scare tactic but council needs to be ready

The motion was passed and council stated it would not raise property taxes, which would shoot up as much as 16 cents, to pay for the pension shortfall.