The 2020 regional budget
Is the cart before the horse? Regional Council agreed on June 20th to use the Municipal Price Index (MPI) to guide on-going automatic budget increases and directed their staff to prepare a bylaw to replace an old policy that had used the lower Consumer Price Index (CPI) escalator ahead of approving budget committee recommendations. The Budget Committee approved base budget increases as follows; 2.7% for Regional Departments; 3.0% for agencies, boards and commissions (Police, NRH and NPCA); and 2.1% for waste management. This was based on an MPI that includes a 3.3% compensation increase and adds up to 2.85% overall tax increase.