THUNDER BAY – The process of shaping the 2024 operating and capital budget continues tonight at city hall.
The municipal tax levy sits at 5.48 per cent after growth (6.07 before growth) since council voted in favour of a list of recommendations brought forward by staff, based on new information that was received since the proposed budget was initially prepared.
Council is also set to receive more information from staff about the work going on for the Thunder Bay Public Library (TBPL) master plan.
Red River Coun. Michael Zussino suggested to add $150,000 from the capital general reserve fund to hire an outside consultant to work further on a potential Intercity mall location.
On Tuesday night, budget chair Mark Bentz said that the zoning on this proposal needs to be explored prior to further work on the master plan.
Tonight, council will also examine the following boards and departments:
- Thunder Bay Community Economic Development Commission (CEDC)
- City Manager’s Office
- Infrastructure, Development and Operations
The proposed operating and capital budget includes total gross spending of $538.3 million, an increase of $23.5 million or 4.6 per cent compared to 2023.
Council will also review the budget on Feb. 7
The budget is scheduled to be ratified on Monday, Feb. 12.
