Quote:
Originally Posted by MolsonExport
such bs. How many of you got a 8.8% raise last year? Mine has been half of inflation for 4 years running now.
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What's also sad is that we're on the lower side of property taxes too. Some other cities are projecting double digit increases as well.
The latest jump got the LTC some, but not all of their requested funding, and the Libraries got a chunk to keep operating at roughly status quo.
These big jumps just tell you how chronically underfunded stuff was in the past... we're paying the price now. Example- remember Joe Fontana's tax freezes? Ya we are feeling that.
There's still time for consultation and things until about the end of the month. Some funding for homelessness- something I think we all agree on needs to be
heavily addressed, got shot down as takes away from the police budget. It would need separate funding, so with that and some other things, perhaps politicians will aim for the increase to be in the single digits (9.9% or less).
I guess we'll see what happens. London is growing like a weed and we need that growth for more properties to tax. If this growth slows, it might make taxes go up even more.