London Free Press

Mayor, councillors pivot on using budget surplus for tax relief: ‘180-degree flip’

6 min read

Just one year after city politicians forcefully shut down a similar idea, some have changed their tune on using surplus money to reduce tax increases, including during the last year of their term. Wednesday, council’s infrastructure and corporate services committee endorsed splitting $16.9 million of city hall’s nearly $60-million surplus to lower property tax hikes […]