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THUNDER BAY — Thunder Bay’s city council has opened the door to reducing a proposed tax levy hike of 6.2 per cent the 2023 budget, asking staff to present options including possible service cuts bring the number down to 4.6 per cent.
He said targeting a 5.6 per cent increase, as Coun. Mark Bentz initially proposed, made more sense. While he said he wasn’t “comfortable” approving that higher-than-usual tax increase, Hamilton argued it would be the best approach to avoid deep cuts. That was before increases approved by councillors Tuesday, though many have signalled their intent to reduce the levy over the course of the budget process, which concludes with a final vote on Feb. 6.
It’s a strategy that generally should be avoided, but could be justified in a year of historically high inflation, he said. “Last council, the directive was given to increase capital [spending] by five per cent every year,” said Coun. Albert Aiello. “So to be honest, I was somewhat shocked when you presented the budget this year, that wasn’t in there.”
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