Inflation is the largest source of the shortfalls, which are equivalent to an 18.56 per cent tax hike in 2024, and 6.95 per cent in 2025. yxe yxecc
City of Saskatoon chief financial officer Clae Hack delivers an update on the city's financial situation ahead of the 2024-2025 municipal budget.The City of Saskatoon has in recent years relied on money from other orders of government and withdrawals from reserve funds to keep the full brunt of COVID-19 and inflation from showing up as property tax hikes or service cuts.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account.
Get exclusive access to the Saskatoon StarPhoenix ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.Subscribe now to read the latest news in your city and across Canada.Get exclusive access to the Saskatoon StarPhoenix ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.
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