Infrastructure deficit funding
I'm working on a recommendation to Council to pursue something along the lines of an ongoing annual 1% tax increase for 15 years, to provide adequate reserve funding to keep up with maintenance and replacement of core infrastructure and facilities. Maple Ridge and District of North Vancouver have had similar programs in place for a number of years.
I would love to hear from other municipalities that have a similar program in place or are contemplating one...I have already built a pretty strong case for this, but its always nice to be able to say "and look at all these other municipalities who are doing this as well!"
Any other thoughts or advice are welcome.
Thanks everyone, and happy holidays
Kris Boland, Director of Finance, District of Mission