HAMILTON, ON – April 8, 2015 – On April 8, Hamilton City Council has given final approval to the 2015 Operating Budget. The 2015 budget achieves a 2.7 per cent tax increase or approximately $99 for the average residential property assessed at $284,600.
The 2015 Operating Budget focuses on significant investment in economic growth related enhancements with less reliance on reserves.
“The outcome of the 2015 budget proves that the City of Hamilton is focused on financial sustainability and improved budget practices”, said General Manager of Finance and Corporate Services, Mike Zegarac.
Highlights of the 2015 budget include:
• $1,728,730 towards ambulances and additional paramedics • $1,245,000 for enhanced transit services • $890,000 for Accessible Transportation Services • $500,000 for the Strategic Municipal Investment in the Arts program • $100,560 for improved air quality
For more information on the 2015 budget or to learn more about the budget process, please visit, Hamilton.ca/budget.
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