Source Feed: The Globe and Mail
Author: Frances Bula
Publication Date: December 9, 2024 - 21:23
Vancouver Mayor Ken Sim works to cut budget after controversial increases
December 9, 2024
Vancouver Mayor Ken Sim wants to push city staff to shave millions off the city’s budget in an effort to cut a projected 5.5-per-cent property tax increase for residents, says a city councillor versed on talks surrounding Vancouver’s finances.Mr. Sim has brought in two years of hefty increases, sparking anger from ratepayers, but he’s hoping city councillors will approve a motion Tuesday cutting $15-million from the budget in an effort to bring down the latest projected tax increase, said Mike Klassen, who is with Mr. Sim’s ABC party.
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