Making the numbers work. Option 1, 2 or 3

The following options were presented by administration to council, Option 2 was approved by a vote of 4-3 (Saindon, Gallant and Saje) opposed. First reading was passed Tuesday night and second and third reading will be done Monday 2pm April 22 Special Council Meeting


Option 1: Administration has reviewed the 2013 Operating Budget and provided budgetary reductions to achieve an additional 4% reduction or $ 295,000 decrease in the following areas:
• $ 5,000 reduction to Senior’s Tax Rebate- with assessments similar to 2008 there would be fewer owners qualifying.
• $ 100,0000 reduction to York Creek Capital Project Reserve
• $ 15,000 reduction to Rum Runner Days
• $ 10,000 reduction in Cemetery Expansion
• $ 52,000 reduction in Float and Banners
• $ 57,500 reduction for Albert Stella Memorial Arena
• $ 1,000 for the Centennial Building-Painting exterior
• $ 8,000 reduction for the Passberg Pit
• $ 45,000 reduction for Gravel and Gravel Haul
• $ 25,000 reduction in Sewer Cameraing
• $ 38,250 addition for the Town Rounder
• $ 14,750 reduction in Travel and General Supplies

Option 2: Provides for a tax increase for negative growth of $ 102,000.00 (residential 3.8% and non-residential 4.9%) combined with a budget decrease of $ 193,000. The $ 193,000 proposed decrease could come from the following areas:
• $ 5,000 reduction to Senior’s Tax Rebate- with assessments similar to 2008 there would be fewer owners qualifying.
• $ 100,0000 reduction to York Creek Capital Project Reserve
• $ 10,000 reduction in Cemetery Expansion
• $ 52,000 reduction in Float and Banners
• $ 1,000 for the Centennial Building-Painting exterior
• $ 23,500 reduction for Gravel and Gravel Haul
• $ 25,000 reduction in Sewer Cameraing
• $ 38,250 addition for the Town Rounder
• $ 14,750 reduction in Travel and General Supplies

Option 3: Provides for a $ 193,000 budget reduction (in the areas noted in option 2) and a transfer from MRSR in the amount of $102,000.