Budget balanced, property taxes going up in M.L.
After initially projecting a $1.4 million deficit, the City of Meadow Lake tabled a balanced budget for 2018 and decided to raise property taxes 1.9 per cent at last night’s council meeting.
At their first budget meeting in October, mayor and council met with city managers and administration to go over proposed expenses and requests after each department prepared reports for consideration on both capital and operations.
Some operation highlights include an investment of $300,000 to recap asphalt, $5,000 to improving drainage in Lions Park to reduce standing water areas in the spring, and hiring a consultant for a one-time fee of $35,000 to improve Meadow Lake’s Emergency Measures Organization. Council also decided to add $2,425 to the operating budget for the installation of a new security system at the Public Works shop, which had five break-ins in 2017.
On the capital side, the city is investing $110,000 for pavement improvements to Highway 55, $600,000 for general pavement improvements throughout the city, and $200,000 to improve drainage on the East end.