97.7 the Beach

97.7 the Beach

Tuesday, March 13, 2018

Collingwood passes budget, mayor votes against

Collingwood | by Mariane McLeod  
Sandra Cooper says because of inquiry funding

Collingwood's town council has passed its budget for the year, with the Mayor and one councillor voting against it.

The budget adds about $20 to the average property tax bill in Collingwood, according to town documents. 

The Mayor, Sandra Cooper said she voted against the budget because funding for the judicial inquiry into the sale of half the town's electricity utility was not included in it.  The inquiry, called by the town after three years of failed attempts to get information about the decision, could cost a million or more dollars and is expected to start in the next few weeks.  The Treasurer told town councillors, there is about $2.5 million in a reserve fund that could be used to cover the costs of the inquiry with no impact on the budget's bottom line.


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