Town administration has recommended a 1.49 per cent increase in property taxes in the initial draft of the 2014 budget presented to the new council, Oct. 28.
Administration proposes a $39.9 million operating budget, an overall increase or $900,000 or 5.5 per cent from last year. Of that, $20.9 million is from offsetting revenues and $19 million would be collected in property taxes.
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EDMONTON – The proposed $50-million overhaul of Churchill Square and surrounding streets into a downtown Civic Precinct was effectively killed Wednesday by councillors concerned about the cost.
“Everybody is telling me it appears to be a waste of money and it could be money that would be better spent on other things,” Coun. Kerry Diotte said.
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A new roof, fresh concrete curbs and better lighting may sound small, but funding from the city is helping local attractions continue attracting big crowds.
The city is pumping $17.1 million into a new civic partner grant program over the next four years. This year, six local attractions are being given more than $5 million to help pay the bills for maintenance costs.
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