Property taxes and municipal fees affect household budgets. Municipalities must balance affordability with the cost of delivering local services.
Stevenson again promoted her campaign pledge for an increase of less than one per cent in each of her first two years in office, followed by increases at or below inflation in the final two years.
“There’s a lot of money to be had, and I’m committed to finding it. It will not be easy, but Londoners deserve to see us roll up our sleeves and find the room in our budget the same way they’re being asked to do it at home.”
Susan Stevenson
Candidate for London
Krose said she would be cautious about making specific tax promises and would aim to start at the rate of inflation, while avoiding what she called a “budget bomb” from a structural deficit.
Kristen Krose
Candidate for London
Pulling out a chart showing the breakdown of the city budget, Morgan said meeting Stevenson’s pledge would require roughly $70 million in cuts over two years.
“There’s only so many places to cut, there’s no magic money in this, and Londoners deserve to know what is going to be cut if you can’t achieve a goal of under one per cent because you’re not going to find $70 million through efficiencies and service reviews,” he said.
Josh Morgan
Candidate for London
