With the exception of the Pillette Village BIA and Ford City, all of the 2020 rates have declined from the previous year as a result of assessment increases within each of the BIA’s. The Pillette Village rate increase is a result of the increase in the levy in anticipation of a street furnishing and rebranding project. The Ford City rate remains the same as it is a flat fee allocation.

BIA’s are required to submit annual audited financial statements which will be presented to City Council at a later date. Any final instalment will be subject to the BIA complying with this request.

Consultations: DWBIA

Conclusion:

By accepting Administration’s recommendations, the issuance of the BIA levy bills will provide each respective BIA with the necessary working capital to support the annual operating budget expenditures

Planning Act Matters:

N/A

Approvals:

Name Title
Joe Mancina CFO & City Treasurer
Onorio Colucci CAO