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Waterloo Chronicle (Waterloo, On1868), 7 Dec 2011, p. 1

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WEDNESDAY, DECEMBER 7. 2011 0 WATERLOO. ONTARIO * $1 INCLUDING HST i __ I I t costs . [a a a». .. I i a ? it ' w at? I I . i p. 1 if I ‘ " ‘ ‘ a. m: Sta drops ' ' - a. 4 . ‘ I , 2 ‘ ‘ . t / I . ' . 1 ‘ infrastructure i « ; . ; » as, ‘ I . , 5; A ‘ a I aâ€"jyy‘; _ .â€" ' fi . bombshell y .... - , , , . if in i t ‘ 4 ac ri,‘ , ' â€" . , Bi'PAit;r:Dt.sM0.-tio ~ . ' v..‘ j F‘_" 4.x chronicle Stuff I l w? 4“ “a 1 J“ > I "l I a; t « 55; ARTS Focus I I . , . ‘ "‘ aterloo taxpayers could be A ‘ _. . 5:9 ,. “a, . . .. . _ j From Here on out I on the hook for an addition f: . .'.»*> 1 “_ f f 1; . .. ' I Page25 i a] two percent increase on ‘ “f ‘ _, ‘ ”(if ' , , I their taxes after it was revealed Monâ€" . ., _ . - -- y ' _ , g. j?” ‘ ,‘ I day the infrastructure deficit was . ;,,, ,_ . _l a _ ‘ ~ 1_, E 1 . about $90 million more than originalâ€" . j ' a.“ . ‘f-» . ' - a: A. a . Iy projected. . 7‘ a f"; _7 < . ‘_ . . .. . . f Z i x I What had widely been reported by T ' V .‘ _ ,' .‘ _ ”133? gr fl {a . _~ 1 city staffto be an infrastructure deficit fQ ' . {if 4 1; a; ' {fl . . ‘i-‘j. . I of $165 million, in actuali'y tops out at ' , , -..~;-r_‘""?" “wag : ‘. 5:34 a 1 about $250 million. ‘ ,_ iii-m “é‘run 3; a Staff proposed an infrastructure - , ' “l git aifitfi ‘ I levy on tax bills of up to two per cent i I . - “flt'vffguf a it! I to help build funds to deal with the > T " ,, my“, . af-‘raafifi‘gg; ; deficit when the 2012 capital budget ' " ' f‘fis‘;- ‘ *’ psi?» T ; ":;2?Q~Ԥ.§42€~§<‘.\'§« f?" ’ was presented. - Li ‘ fl _‘ .?- .'« ’ J logy" 5M Calling the discrepancy a “bomh- ' I ~ '," 3 _ . ' ‘ . q ' 5" . ' shell," (bun. Mark Whaley said he was ~ ‘ ' t w concerned the levy would be for "DA-"WWW naught, Get the sledge out crry LIFE _ I“ ‘ assume m" “I." opted It” Destiny Cooke, 12, tries a hand at sledge hockey Saturday during the Rick Hansen Relay 25th anniversary . being really 3887955"? "“ ll“? and we event at Waterloo Town Square. The KsW Sidewinders gave lessons on sledge hockey during a morning [dune Straw P'fkt‘d “N” P” cent I)“ year, hi“ “ml- filled With free events while Cambridge's Christa Hayes carried the kick Hansen Relay medal out of town. named Waterloo "Infrastructure will continue to "a”... _7_7_ a“. m 7 .._,c ._.. A I'd . deplete and become weak. I . w ”an“, W m" Draft bud et ro oses 2 167 1ncrease Page '2 neverending journey and in fact you I g p p . c O lll'(1bl:‘l‘(‘»r"“au‘h up. It \ a neverending I BY PAIL}. DEMON!) (bun. Karen Scian. chair of the up to two per cent. I“ Km“ “km“ director ”f bud l,“ I , i,,‘fi'L‘"l“f_“f‘,‘L-7v y . finance and strategic planning Eskens said while much of the /Z_\ ind "m “I“ H il'mnin , “id “it“, ; committee. said the 2.16 per cent global economy faced challenges ”1 K1» iiirn-ni‘r'ite‘thl- (“Yrs in]: u would i he 4|\1'l’(lgl' Waterloo home taxiiicrease wason target. the local situation looked positive. ' . . y -¢ 1 t'iltt' 148 years to t-{thfdpfitn down I owner can expect to pay "The budget seems to he in line “Our building pemtits are at an , ,,_; ._._.' at. c, ' ..“.”h eyerv qun WM there will ; about $20 more on their It“ With council's policy." Scian said. all-time high which is very positive : sH/f 7 k I ‘ _: be Illit‘l\ "my! "m ”If“ comm ' 0" bill this year. at cording tti a ( (lllll Included in the 2 I6 per cent forWaterloo." she said. f g I”, ‘ “up . q", \ ml I l i" t H budget meeting Monday increase was a 1.07 per cent storm The operating budget included i‘ ' _. A at ”In!" Ill "Jim (ount ll i'sl'ili Kan-n lash-us, diret tor of budg water management fee . the sec provisions for the hiring of I4 new “ ’ ' h ‘ “mm" I ‘ I:)” J Infilqrm “up “fl” ets and financial planning. pic ond i‘earofa four year phase~in. staff and two contract positions Is GV|ng “fluid" ALA.» fund with (“flu ("0d settled the city's draft QUILT opera! My BUN. taxpayers would pay over three years, mostly in the l' | I ”m“ ll funding of "3m" Still” in,” mg and capital budgets, llll‘ esti about $43 more for storm water building services department to a so 9. ' f _ ‘ ' _ . ' . ' mated operating budget (.ll|ll' in management. accommodate increased gromh in f I MUM“ I" I“ “I ("MN “I!“ "I growth at Slut I million while tapital ("ill/ens could also be on the uptown. See page 27 i Continued on pages ‘ cami- mat $229millioii. hook for an infrastructure levy of Continued on We ' I . J > . ' ‘ ' - I ‘../"\,"l J ’ (x‘rf'x M‘fl’v‘jjn 4x 1-1 if i 3 ‘ Y ‘ I . i ‘ i . ._.‘ , l . _ ', ‘ r , . \‘ ‘ l A . i .. ORDER NOW ., I . ,. , t. __ a '.__< -. 1 ,, to; [ecu neck, L“ I I a- . and- _ ,, ., jav'i’fg‘f" 11 - t; z ‘ Levon-t ‘1069 In time for the “a. t; ‘ 11; “MC” 3459 SLIacobs , _ I" l - » c -r a! mun-Q9. I i . x 1 1:71 / T ~ ‘. wrou- ‘3’. FURNITURE I i y I I} 1 “i ‘J K‘J \ i\~i i“ f.“ \ ‘ . “'~« case ' a - . a 7- _ a.“ . _ . a a is. ~7 , pg -;' , M"’t,â€"T;f.’r.!fi i “W, __ LU h- In Style. In Reach. t __' a. ‘ “$00“ - a» . HI‘I *. ‘ I) \\ s m litIt|.llllll\R1l.,\\.llt'tllitl “i I ll-Tâ€"llblllllill " {I

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