YORKTON - Yorkton Council finally put its collective stamp of approval on the city’s 2024 operating and capital budgets.
The first draft of the City’s 2024 operational and capital budgets were presented to Council at the Jan. 8, 2024 Regular Council Meeting.
At the Jan. 8 meeting, Council directed Administration to continue budget analysis and provide further reductions before presenting the draft budget for public.
Over ensuing weeks further changes were made; resulting in additional savings, and the document made public at the end of January
With the modest changes made in January the proposed budget includes an increase in taxation revenue, broken down as follows:
* Operations 2.5 per cent,
* Capital 1.0 per cent,
* Total 3.5 per cent.
The estimated impact to the average residential homeowner will be approximately a $6.15 a month, or roughly twice that for an equally value commercial property.
Council officially endorsed the dual budgets Monday.
