Tag: London budget
Bikos: Pause $4M London police ask, invest in new community response
In March 2022, the London police service (LPS) announced its intention to seek additional funding for 52 new officers over three years.
New council finds budget balance, even as old tax-freeze bill comes due
‘What politicians can’t forget is they get elected for four years, but decisions have implications decades down the line’
17% paramedic budget increase has London demanding break from province
London city council is looking to ratchet up pressure on the province to fund the skyrocketing cost of local ambulance service, as the paramedic budget balloons by millions amid a spike in delays unloading patients at strained hospitals. The Middlesex-London Paramedic Service budget is increasing by 17.8 per cent, or about $9.3 million, driven largely […]
City hall mulls cuts as politicians stare down big proposed 2023 tax hike
Flowerbeds, streetlights and free playground programs are on the chopping block as London’s new council tries to whittle down a 3.9 per cent property tax hike for 2023. Council – more than half rookie politicians entering their first budget talks – faces some tough choices when it tucks into the initial property tax hike and […]
Hard-hit Covent Garden Market in line for $1.8M in city funds
A chunk of city cash should go to replenishing the nearly empty reserve fund for the Covent Garden Market, a city council committee recommended Tuesday afternoon. The city posted a $19.6-million budget surplus in 2021 and most of that money is earmarked for reserve funds to improve city infrastructure and expand affordable housing. But $1.8 […]
Where city hall’s $19.6M budget surplus is destined
They hit the budget, sure, but pandemic pressures aren’t exactly taking a big bite out of London city hall’s year-end financials, with another eight-figure surplus clocked in 2021.
Builders urge city to tap federal budget billions to speed home construction
London builders will push the city to tap into a $4-billion federal fund to speed new home construction. The London Development Institute (LDI) and London Home Builders’ Association (LHBA) threw their support Friday behind the recent federal budget, calling it “a genuine effort” to increase housing supply, support new home buyers and make housing more […]
It’s official: Taxes in London to increase 2.8% in 2022
London property taxpayers will be hit with a 2.8 per cent tax hike next year after city council approved its 2022 budget Tuesday night.
2.8%: City politicians trim proposed tax hike in daylong debate
Mayor Ed Holder declared Thursday that city council won’t use taxpayers “like an ATM,” as politicians waded through the 2022 budget and shaved a percentage point of the property tax hike. City politicians whittled next year’s property tax hike down to 2.8 per cent on Thursday, endorsing cuts to public works spending, tree trimming and […]
Londoners have their say on proposed 2022 city budget
From electric buses to river pollution to housing, Londoners chimed in with their priorities for the city budget at a public meeting Monday night. Proposed cuts and more than $1 billion in spending are on the line this week as the 2022 budget update is debated. City staff have proposed a 2.8 per cent property […]