Financial Matters:
Further to the financial performance discussed in the body of the report, a projection for investment income is included in the annual operating budget. These investment returns assist in keeping the overall tax levy down. A conservative approach to the establishment of annual investment yields is taken as actual results are market based and difficult to project with any certainty.
Consultations:
N/A
Conclusion:
This report serves to meet the legislative reporting requirements of the Municipal Act.
Planning Act Matters:
Approvals:
Notifications:
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