The City of Stratford’s Finance and Labour Relations Committee has presented its preliminary report on the 2018 municipal budget.
CAO Rob Horne says the aim to keep the budget within a two per cent tax levy increase.
Head of Corporate Services Andre Morin says there’s still quite a bit of work to be done at that number currently sits around 2.44 per cent having heard back from most departments.
Morin says it’s a good starting point for staff as a one per cent tax increase is equivalent to $550,000.
Infrastructure and long-term debt were the committee’s two major points of discussion in last night’s open house.