Tag Archives: fiscal responsibility

Finding the right balance

September 11, 2011

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I appreciate that understanding municipal finance is challenging.  As much as we try to draw analogies to everyday life, the reality is that it is just not that simple.  That does not mean that a layperson cannot understand municipal finance.  Realistically though, it does require an investment of time that many are not prepared, or […]

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2012 Proposed Capital Budget – Framing our Future

September 2, 2011

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The 2012 Proposed Capital Budget and 2013-2021 forecast is available for review by the public. City Council asked City staff to build a 10-year sustainable and affordable Capital Budget and forecast. I encourage you to read the introductory document that provides an overview of the proposed budget.  It respects Council’s approved debt and reserve management […]

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Who should pay for the Infrastructure Gap?

August 11, 2011

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A couple of weeks ago, Tabitha Southey, a columnist for the Globe and Mail (and a Guelphite), mused about the debt ceiling crisis in the U.S. and how only one half of the story was being told. She noted that the assets created are also passed on to future generations for their benefit – not […]

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Municipal Debt

August 11, 2011

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There was an interesting story in the Toronto Star on municipal debt that continues the theme of an earlier post on paying for infrastructure.  Click here for a link.

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