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,m mm» . » human-s in order, says councillors - Brio-nut but on a population of [24.900 2004 levels â€" from h. than - Quantity people. 25 million to $40.4 million In 2002. total debt per â€" althouyi that amount is e City of Waterloo capitainWaterioowuflas. expected to decreaseasthe L ' F E A s deservesasolidpaton 'lt'sabrightnewdayfor dtycontinuestolrnplernmt the back for reducing Waterloo; we've turned the the planned capital expan- the individual tax burden on corner.’ Coun. Scian said. sion and replacement - - _ 3 its citizens. said a pair ofciry ‘Staff and everyone else yams. your .'a‘. your way ‘ councillors around this table deserve Overall, the report said, ‘ Karen Scian. the chair of some congratulations for the financial statements the finance and strategic theirhartiwork." "reflect a strengthening in DESIGN YOUR OWN SOFA. planning committee. and Thedtyhuseutdebtlew overall flnanci ltion.’ Mark Whaiey both gave els per capita steadily and conclude “4:;th . LOVESEAT on SECTIONAL kudos to staff and their fel- decrease over the last 10 positioned to provide excel- . low city councillors for years. the report said. with lentprogramsandservicestn ‘ , . reducing the city's debt per the lone exception coming in the citiuns and taxpayers of it. fi.‘ ‘ capita to a 10-year low in ml0.whentheCityofVihter- theCityofWaterloo.‘ mm", II. 1 201i. loo was issued about $1”! However, reserve and r “W ,, 3 9“” } Coun. Whaley said the millioninshort-terrndebtto debtlevacontinuetaobean it”? J» . ~ 4 cityheardmanya'disparag- ftmdnewinfrastructureproj- areaofcortcemaccordingto is ' < ing remark” when its debt ects the report and 'require con- . :1 e. ,. ‘ levels were reported to be The 2011 financial state- tinned monitoring,’ along " one ofthehidiest momma ments also pegged a final with infrastructure and Now that the levels have operatingbudget surplus for asseesnwntgrowth. improved. "l hope it will be 2011 at about $3.3 million. The 20” financial state- reported with as much the result of additional rev~ ments. audited by KPMG. i “ gusto." headded. enues from supplementary were found to be in accor- In the city's 20H consoli» income taxes. investment dance with generally accept- ~ dated financial statements. income. penalties and inter- ed Canadian accounting presented for approval at the est on taxes and develop- principles. lune l8 Finance and Strate- mentfeerevenue. 'We're trying to be as ‘ gic Planning Committee Also highlighted in the open and accountable as ~» ’ meeting, council heard the report was how reserve levels possible." Paul Hettinga. the total debt per capita in have grown over the last l0 city's director of accounting. mm Waterloo is about $563 had years to almost twice the told council. 0 e ‘ ' Cost of fire semces om u - ‘- - 1.. than... 1. we. I. you“ Br Ioarwl but Planning Committee meet- protective services. ‘Mflwbm'fi Chronic-Icy ing on lune is. the cost for 'And as you can imagine. the service was $183,000 in wages and all that other The cost of the City of 20“ and will increase to stuifhas gone up since the Waterloo‘s dispatch approximately $307,000 by original contract." agreement with Kitchener is the time a three-year. Protective services going up. but there is phase-in process is com- already asked for operating already wiggle room in the plete in 2014. budget increases of mm 2012 to 2014 budget to make 1he new agreement took in $12 and $30,000 in 2016 up the difierence. effect retroactive to lan. l. to make up the costs for the ’ Waterloo Fire Rescue 2012. first three years. meaning forecast an increase in the Quan said the City of the department. which is amount it pays the City of Kitchener was looking to already facing budget pres- Kitchener to provide dis- recuperate some of its costs sures, will not have to cut " patching services and will after the original dispatch from otherareuto make up not have to worry about the agreement was signed in the difference until at least budget impacts until after 1996. The previous year. 20l5. 2014. said Fire Chief Lyle Waterloo dismantled its dh- 'We'il cross that bridge Quan. patch service and conuact- when we get there.‘ Quan Under the condiqu of a ed out to Kitchener. said. new five-year contract ‘There's been noincreese "But for now. this will signed by the city and for over l5 years.” said have no effect on our butt- approved by council during Quan. who also serves et. We anticipated this in Finance and Strategic as general manager of inae-e.‘ ‘ ‘1 a ’ a» “ r1. ‘ L in!” .3 ; is r a. ._ . w ,, .. ~ t V". ,4 .0 r7. '"" .. , ._ . .4144 r. . - ,~ I F" .;' .4 it 4’ it; : Wt ' I s - ’ . ‘ ~ 2 s ., ' ,., ,:. » ._ 9:: A. mewf‘t-WM 2%“ Warehouse Clearance Store “"5 ’ ‘ ' '1‘ “I” ’ " V ' ' ‘ '1‘ ' ‘3'" "" refurbished electric fireplaces 8i stoves, hurt-m, water - i . : dispensers and laundry products a Q ‘ l 0* ~ 2-?“ WWWY-th-Lm ‘ 4 [5,. mem- 3m . I ". it « www.9rwnwayhp.com I w 7 l