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HomeNewsMayor unveils long term budget plan for North Bay

Mayor unveils long term budget plan for North Bay

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Mayor Al McDonald has pitched a long term budget plan to city council.

It includes a 1.98 per cent tax levy hike, and an increase in capital spending. The plan would see the city reclaim loans from North Bay Hydro, which total 25.6-million dollars over three years.

That money would help the city pay down 10-million dollars in debt and keep service levels essentially the same as they were last year. The plan is a starting point for councillors to work off of as they head into budget deliberations.

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