Regional council kicked off the new year with budget talks this week. Councillors heard from Jane Fraser, HRM’s chief financial officer, about how the dollar bills the municipality has, earns, spends and loans are all connected—and a new tax rate. Fraser explained what allows HRM to make money moves: The operating budget (revenues minus expenses—keeping […]
Budget 2020
Posted inNews + Opinion
Halifax’s lengthy budget process kicks off
Halifax Regional Council’s budget committee kicked off its 2020/2021 budget process this week, diving into preliminary discussions on how and where to spend the municipality’s—and the bank’s—dollar bills. First up this week was capital spending—better understood alongside its partner in crime, operational spending, which includes year-to-year costs of running a city: AKA groceries. Capital spending […]