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Newspaper
Chronicle Journal
Location
Thunder Bay, Ontario, Canada
Date
Jan 30, 2024
Page
3
City staff propose a 231.7 million municipal levy for 2024, up 6.1 percent year over year, as council weighs long term needs and growth. The plan notes debt room, potential infrastructure gaps near 30 million, and gains from new revenues and efficiency measures.
City manager Norm Gale warns residents the tax rate does not equal taxes paid as Thunder Bay, Ontario, reviews a 2024 operating and capital budget. He notes Ontario municipalities face levy increases from 2.5 to 14.2 percent, with Thunder Bay at 5.5 percent, and explains how property value affects tax rate and bills. A typical Toronto vs Thunder Bay home comparison is used to illustrate the point. The budget, based on 2023 ratios, projects a $201 tax increase for a $219 000 median home. council planned votes through February with ratification on February 12.
A video shows an individual attempting to destroy Pride signs and a rainbow flag on a north side Thunder Bay home. Rainbow Collective leader Jason Veltri calls the incident part of ongoing fear toward the 2SLGBTQ community and urges reporting hate crimes to policial authorities. The group pledges to stand with affected residents and push for stronger recognition of hate crimes.
A Thunder Bay council report shows core assets require a $13 million annual funding gap, with total infrastructure shortfall over $30 million. Budget chair Mark Bentz says funding grows 5 percent yearly while debt is rolled into the plan, as Phase 2 runs until July and Phase 3 targets a 2025 service strategy. The budget ratification occurs February 12.
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