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4 - WATlilllLX) CHRONICLE ~ Wednesday. September 21. 20l 1 ‘ Council'backs the use of MP1 7" if ._ BYPAIGEDESMOND greater than the MP1 â€" aplacetostart.” _ ChronicleSrafl making it the benchmark for For 2011, council imple- r property tax increases. merited a 1.89 per cent tax 0 Waterloo city council will Mayor Brenda Halloran increase. A report to council continue to use the said the public does not in August forecasted a 2 per municipal price index (MP1) understand that MP1 limits cent increase in 2012, 2.5 per to determine tax increases. council‘s ability to take on cent in 2013 and 3 per cent following a vote Monday. projects and grow. in 2014. Councillors unanimously “There seems to be this The average household voted in favour of using expectation from the city assessed at $254, 000 would MPls of 2.16 per cent for that we can grow and grow pay an additional $20.15 3 ,._.‘_.____-_-__._.___._-_. . . ._ . mm... . . . , ., . 2012, 2.26 per cent for 2013 and grow." she said. “MP1 next year if the rate is 5' \ and 2.46 per cent for 2014. actually keeps taxes down approved. The final budget .' W IT“ 1 despite concerns the public and leads to efficiency." will be approved in Febru- f o ‘ does not understand the (211- Coun. Scott Witmer said ary. ; o ; culation. the MP1 gives council some The calculation used to ; 1 In 2006. councillors guidance at budget time. produce the 2012 MP1 is j 1 approved a tax strategy that “It does allow for us to do based on a blend of the most 3 1 the property tax increase in some long-term planning." current historical and fore- ‘ Fl NAN 6' N G 3 any given year would be no Witmer said. "It gives us casted information to date. . . , L~-â€"â€"-â€"~+ ”Av . - , . , » New library branch has $100,000 shortfall 3",: ; ‘3‘- , £33233. 9 '/ ; : f a 3! 3 3; , >3; 35 MIMIC-Em Kaluzny said. agreement with the city ' ӣ4331“? ' " ‘ " " ' I ' ‘ ‘ ‘ fig; amnkaME At the same time. she The city approved base .. 3,33. . . 3 . . _ .mfi‘rcwwh said. libraries across the funding of $4. 276. 731 for .v 9' ‘ 5 J: 533.. he Waterloo Public rovince are facing financial the lib board in an - .. . ass P my We 3 *3 finance 13%‘3 Library board is predict- challenges. mostly caused by ment from 2012 to 2015. " :5. ing a $100, 000 operating strict guidelines for fundrais- The funding took into ' 3 a budget shortfall for the John ing. account MP1 numbers . 3 a? 3 M. Harper branch. set to “Libraries are, by law. not approved by the city and 3‘; open this fall. . allowed to charge citizens for may be adjusted annually as _ 3 3 ‘ ' “ In a presentation to the the services we provide," she MP1 changes. according to .. .3 .3 5“: - 3:3. (GAO) . 33 _ . 3 ' .5 city's finance committee said. “We are not allowed to city financial analyst Erin it? 3 3:333 33-. 3.35333 3.3 33.3%. 333463.; 3. " 3 Monday, Helen Kaluzny, apply for certain funding Gray. ‘ '1 “a. . ’ ‘ t we” 553;... " “ “Es .. 2 3:33“. ' e - 3 chair ofthe board. said operâ€" (like'll’illium grants)" The city’s finance com< .35 »33._,33¢.333,33,,3...,_ « 33333:», fig};- 3.. .. . :.- .3 3, ;, . . , . ating costs for the branch Kaluzny requested counâ€" mittee approved its 2012 figweggfl . j â€"; 3 L . ‘ .. ; ‘ ‘ . . were preliminary and based cil revisit the library funding funding agreement with the ' ' ‘ ‘ ' ‘ T V ’ ‘ ‘ ' ‘ . . . oncosts at other branches. agreement within the next library board, and as per the a, n ‘ ’ 3 '3 3 “We have seen our oper- year. if there is a shortfall, as board’s concerns may revisit ’e [3113]?! E I 0 . I ‘3 ating costs increase.” per a clause in the library's funding in the next year. thgrag .3: . 3 «Ta ’ W‘ 3 â€">‘\||â€"â€"l C I ’ ‘ m 3 7"“ SUPPORTIVE ‘ ‘1’ @315) ~/ - HOUSING OF ‘\ â€"â€"â€"â€"â€"â€"â€"â€"â€"-â€"â€"â€" ., . . ,..,,.,3.,.,,,T3.-.., 3 _ WATERLOO 3 :3”: m 33 3.333 333 .33 3.3333m~ 1. .. . .33.»... - ~ 3,, Showcaszng An EVEHIIIE of Hope! . .J - - . I” With Fran O’Dea ”3’ a ' WM Hope - one has the W to ENE " V '2 'hMbloamyt he... a: .. ,, 3 3., Sept 23, 2011 - w... Bin '3 {gimp-.3.) MM . /‘_ - Main fillroom @113" ”H . ~ .44 .â€" ~ ‘ i j. ,. ' 33Wm “'i‘ a... ... 6 PM - Midnight m ‘39 J hunk 0 I)”; Dinner Olive Music 3 3 . . Silent & live Auction w J h‘ 1 CONTACT WATERLOO NISSAN FOR MORE DETAILS. 1%? NW“ . W WWW 41 131-3331343313? 33w “wall,“ 3 _] man-(319571440: Alt-Mr 31 mind rir-mxm'“ % if: '3. ' - I] "a“.mm 519-884-3669 I“; ' r Thrsisa'SHmVYouCare'eventbenefltting Thwv MmJ B" it Rummy BMTM Pr‘upir- lu-‘Hrv .. r.‘ ~ 3!: . $0 INC Housin “Wat".oo VJMI‘W ~'-.Il>‘f‘li1)111‘3‘ull‘i 41 > 8 I