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. , WWommicnri-I o a Councillor asks for renew of MP1 BvGuac MACDONMJ) to apply across Canada” in 2012 and 2013. but only if Chronicle Staff The MP1, meanwhile. the MP1 changes by at least a ‘ varies from community to percentage point Waterloo councillor community. “It could be dif- In 2013. the projected "‘ ‘ wants a review of how ferent in Cambridge than it is increase is 2.5 per cent. if it ‘ e city calculates the inWater100.' Whaley said. instead comes out as 1.5 per ' Municipal Price Index Council voted to review a cent or 3.5 per cent. council- The index. which is calcu- number of financial policies. lots will be able to adjust the lated by the city based on the including how it implements budget. municipality's costs, is the MP1. A one per cent change in way councillors set tax rate The standard MP1 calcu- MP1 has a $500,000 impact increases lation was used to set this on the budget. The basic calculation is year’staxrate. If the MP1 fluctuates by c 1 how much the cities costs are Another point of concern less than $500,000, the tax expected to increase in a for councillors was how the ratewillstaythesame. 1 given year. MP1 is projected. Finance “A whole per cent is a lot This year, the MP1 is 1.89 staff predicts what the MP1 of money," Coun. Diane 1 percent â€" the same number will be for the next three Freemansaid. 1 asthe approved tax increase. years and council plans She would like to see the ‘ 4 Coun. Mark Whaley won- around the projected MP1 diange ifthe fluctuation ‘ ders if those calculations increase. ismore than $100,000, should come from outside of Next year, council will Council will review its / ,1.» -â€"â€"' ‘7‘»- . \ ‘ city hall. "I would like to see approve a three-year budget. MP1 policy in the coming ‘ \ ‘ it be more objective," Whaley setting the tax rate increases months. . . - . ‘ said during Monday’s budget tlirough2014. ‘1thinkitcanbetweaked C 7”] j ; T I ll 1 . \' ‘ deliberations. The MP1. however, is (21- a bit,” finance chair Karen ‘ K ‘ ‘ L ‘ - I ~ . 1 He pointed to the Con» culated on anannual basis Scian said. “I think we need 3 ‘ - 1’” "k. " 1 sumer Price 1ndex, “which Council will be able to to (periodically) assess ifit is ‘ i ’ _ y 3 ‘ ‘ “ ‘- ‘ ‘ ,. i can be reasonably assumed change the tax rate increase still meeting our needs” . i \-\ x“? , ) 411/” Council decides to end self-imposed wage freeze v I ‘ 3 City councillors have ing” increases based on the defended the move to end I t I M I D WI "TE R I voted to end a self-imposed Ontario Consumer Price thefreale. gm? 9 - } wage freezestartinginZOlZ. Index. Using that index “The City ofWaterloowas ~ “ ‘ As part of Monday's budg- would result in a 3.4 per cent the first in the region to 3 a ct deliberations, councillors salary increase for council. freeze wages in 2008,” she ' t . decided to extend the freeze, Councillors had the said. “We have not had wage i I which was implemented in option to end the freeze increases for elected otficials . I 2008. to the end ofthis year. immediately. but chose since.” ‘ 3 i Starting in 2012. councilâ€" instead to waitayear. Councillors voted 7-1 to l lors will receive “cost of liv- Finance chair Karen Scian end the freeze after 2011. i . ' 3’ 3 .3" Displays. Pamphlets. 1 tie: ;: : D00! PM ‘ ;' ~ T; Parents-to-be and Support SAVI N G S 1 . * ” People Welcome 1 - UP 0 , 1 '_ .. T0 0 . ' . :2 . a; 4.. 'A‘lalthy pregnancy helps build a healthy baby ‘ $3.? 6}" . ‘ . ‘ ‘ .mrg;.-.r:fi'ee prenatal health fair 3 T § ‘ v 'I ‘ . 5‘34." For people planning a pregnancy 7 1 ‘ - ' " and people who are pregnant , . . t - ’ .. . » 0n discontinued merchandise ; , y . . ‘ . . - and selected floor models. 1 , l V ‘ 5'1? We Have to make room 3 .9 a . 1 for new merchandise .1 " arriving daily. i 1 ‘ Hurry in for Best Selection Tuesday, March I , 201 1 . 1 5-8 pm. _ Qpafityfiimitun...aflon{afik prices! II ‘ Waterloo Memorial Recreation Complex ~ , .- ; 1 , . , /“" , 101 Father David Bauer Drive, Waterloo L k I I l 1 L I f A t i I \ ‘ For more information call: 519-883-2308 moth-coo mngiortnnrloomndph . mom Permanent-inquire“ , . .. m...” . .. 1.. l ‘ _ ,