At their meeting on 13 November, Cobourg Council accepted the recommendation of the new Treasurer Adam Giddings, to set the target for the 2024 Operating budget increase at 6%. Then assuming a growth in the tax base of 1%, the resulting increase in the levy (the amount we pay) would be 5%.  Adam says that previous increases have not quite kept pace with inflation so there is a small catch up in the 5% figure.  Adam says that the alternative is a reduction in services – he does not discuss improvements in efficiency or productivity. The next steps in the budget process will be provided in the Committee of the Whole meeting on 27 November. There will be two public meetings: 1) to… Read complete articleBudget for 2024