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File #: ID-2446-21    Version: 1 Name:
Type: Notice of Motion Status: Passed
File created: 7/7/2021 In control: Township Council
On agenda: 7/12/2021 Final action: 7/12/2021
Title: 2022 Budget Process

Title

2022 Budget Process

Recommended Action

Whereas in the Special Meeting of Council held on July 5, 2021, Council discussed revising the 2022 Budget process to include earlier Council input on budget guidance and priorities in July 2021;

 

Whereas many criteria were discussed but no specific Council resolutions were adopted at the July 5, 2021 Special Meeting of Council; and

 

Whereas the residents, businesses, and the Corporation of the Township of Langley, are entering a crucial Covid-recovery economic phase and need stability in financial expectations;

 

Therefore be it resolved that for Budget 2022, the 2022 TOL property tax increase be set at the current Municipal Price Index (MPI) or 3%, whichever is lower, unless exceptional circumstances warrant a change from this and that such a change is fully justified by a detailed business case.