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Old 11-11-2013, 03:02 PM   #34
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by Bunk View Post
Yeah, the $4800 is about capital (particularly initial outlay), not operating (which is 95% what property taxes cover). The levy issue has much more to do with our large debt than our operating budget. But, it is fair to say that the design of subdivisions does lead to some operating inefficiency - especially more expensive services to provide like transit.
I'm well aware that the difference is capital and operating, but I am wondering what you mean by the comment about the design of some subdivisions?
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