Terrace Draft Budget

THE DRAFT BUDGET FOR THE CITY OF TERRACE FOR 2008 IS READY AND THE INITIAL INDICATION IS THERE'S GOING TO BE AN INCREASE.

THE DRAFT BUDGET FOR 2008 THROUGH 2012 SHOWS STEADY INCREASES IN TAXES FOR 08 AND THE NEXT THREE YEARS.  THE GREATEST INCREASE WOULD BE FOR THIS YEAR WITH 4% WITH 3% IN 09 AND 2% IN 2010.

SOME OF THE INCREASES IN SERVICES INCLUDE EXPANDED SNOW REMOVAL SERVICE FOR AN ADDITIONAL $115,000. 

SOME BIG TICKET ITEMS INCLUDE $380,000 FOR A NEW ROOF FOR THE POOL.... ALSO $300,000 FOR A PORTION OF THE GRAND TRUNK PATHWAY FROM  THE SANDE OVERPASS TO GEORGE LITTLE HOUSE.

CITY COUNCIL WILL STILL HAVE A CHANCE TO TWEAK THE BUDGET.... BEFORE FINALIZING IT IN MAY.