Budget discussions coming up next week
PRINCE GEORGE – It costs $137 million to run the City of Prince George and, next Monday and Wednesday, Mayor and Council will hash out ways to find this money.
That’s when the budget will be discussed, starting with the capital budget.
Back in December, Council was presented with some preliminary numbers and it was suggested that the City will require a tax hike of 5%. But that did not fly and Administration was directed to come back with some options and the impacts a hike of 3, 4, and five percent would have on services.
Ultimately, the Finance and Audit Committee settled on a four percent hike.