Council Says Yes to Plan to Hold Budget Boost to Less than 2.5%
By 250 News
Monday, November 01, 2010 07:43 PM
Prince George, B.C.- Council for the City of Prince George has approved the budget resolutions from the Committee of the Whole.
Those resolutions include a call for operational budget considerations to be limited to no more than a 2.5% increase. The resolutions also called for the following unfunded capital items to be moved to the “funded” list for the 2011 capital program:
1. George Street Lighting - $250,000
2. Rotary Citizen Field Upgrade - $309,000
3. City Hall Parking Lot - $220,000
4. PG Hotel Demolition - $1,050,000
Councillor Dave Wilbur says the suggestion to hold the budget increase to no more than 2.5% "isn't the end of the day. There is still a lot more work to do."
Budget deliberations are set for February and Councillors wanted to make it clear, just because they support the resolutions doesn't mean anything is carved in stone.
While there are concerns about the eventual cost of the Canada Winter Games, Council is looking at a 3.4% increase in each of the next 5 years to help pay for the 2015 event. Councillor Murry Krause says that figure may also tumble.
The public can still provide input on budget development either online or at City Hall.
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