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Budget Report #4 Posted to the 2015 Budget Page

Posted in the Announcements page on 03/13/2015 15:03:08 on Friday, March 13, 2015.

Budget Report #4 has been posted to the 2015 Budget Page.  

This report provides a 2nd Draft of the Operating and Capital Budgets.  The levy increase shows at 7.59% or $315,028. This is down from the 1st Draft of 11% or $456,878. The main challenge tends to be the decrease in OMPF. If the OMPF had remained stable, the levy increase would be 2.02% or $83,928 which should be considered very reasonable based on inflation, cost increases, etc.

Council will be considering this report at the meeting on March 18th, 2015.