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.