Quote:
Originally Posted by Fuzz
I don't understand the "different pots of money" line. There is only one taxpayer. Why does it matter how the city chooses to allocate it?
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Because operational expenses are directly tied to property taxes, whereas the capital budget can come from the provincial and Canadian governments.
It’d be like asking why, if your company covers your flights to a conference, they can’t just pay for a few weeks of groceries instead. Primarily because it’s not just your money to use on whatever you feel like, and if you don’t use it on a flight, you don’t use it.
It’s not simply a bunch of money for whatever the city wants to spend it on. Property taxes on businesses went up, businesses complain, so the city is trying to help them out by losing the tax burden, causing them to make cuts.