January 28, 2015 · 0 Comments
York Commissioner of Finance and Regional Treasurer Bill Hughes tabled the draft four-year Business Plan and Budget. It includes approval of the 2015 budget of $826 million for capital projects and $1.9 billion for operating expenses, as well as approval of three-year outlook (2016 to 2018). The draft budget proposes a tax levy increase of 3.79 per cent, or approximately $81 per household, for 2015.
Members of council will review the proposed budget at Committee of the Whole meetings in February. The treasurer is expected to present the budget for Regional Council approval at either the February or March meeting of council.
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