2021 Preliminary Non-Market Change (Growth) Revenue
Motion
It was moved and seconded that council confirm the Provisional 2021-2025 Financial Plan Year 2021 tax increase target as 2% tax increase (plus 1% for Asset Management) Incorporate Non-Market Change (growth) revenue information into the Final 2021-2025 Financial Plan and retain the target 2% tax increase (plus 1% for Asset Management ). For Final: a. That $380,000 be added to the 2021-2025 Financial Plan for Health and Housing Initiatives; and that $100,000 allocated for the day time drop-in center be reallocated to Health and Housing initiatives in the 2021-2025 Financial Plan. b. Use remaining growth revenue to replace additional funding from the Special Initiatives Reserve that was used to reduce property tax increase.