Wednesday, February 15, 2012

Heberts tries to reduce tax increase by using reserve funds

Councillor Larry Hebert tried to reduce the budget tax increase by drawing 2.5 million dollars from the Renew Thunder Bay Fund. Hebert didn't like the idea of increasing taxes to fix roads when it could come from the city's reserves. Councillor Foulds argued, that reserve fund is designed to fund legacy projects like the multi-plex. In the end council voted against Hebert's motion.