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- The city of Winnipeg tabled a preliminary 2023 budget on Wednesday at city hall. Rising inflation has significantly impacted the budget with inflation fees of $2.5 million. The budget includes an expected 3.5 per cent property tax increase which aligns with Mayor Scott Gillingham’s campaign pledge.
Businesses, residents and the City’s finances continue to be impacted by the pandemic and inflation. However, with the provincial public health orders for the pandemic lifted and signs of inflation easing we are optimistic as to the pace of our City’s recovery in 2023. 2023 is also the first full year of the newly elected Mayor and Council.
Dec 6, 2023 · Inflation continues to put pressure on the City's finances. "Inflation has led to increased costs across the board, from infrastructure projects to basic services," said Browaty. Examples of recent increases include: Police vehicles have more than doubled in cost. Snow clearing contracts are up 24% Rental costs for vehicles have doubled.
Feb 8, 2023 · Rising inflation has significantly impacted the budget with inflation fees of $2.5 million. The budget includes an expected 3.5 per cent property tax increase which aligns with Mayor Scott...
Feb 7, 2024 · The city has kept tax increases low in recent budgets by reducing the amount of money it transfers to capital projects from its operating budget, falling to $6 million in 2023 from $86.5...
Mar 4, 2024 · The city posted a $297,000 deficit on its $1.3-billion operating budget for 2023, city controller John Speidel writes in the final financial status report for the previous year.
Dec 6, 2023 · Winnipeggers are being told to expect tough decisions ahead as the city works on preparing the next multi-year balanced budget. In a news release Wednesday, Mayor Scott Gillingham and Coun.
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Winnipeg saw the highest inflation for building a new house. Current Issues – Inflation: New house price inflation (house only), monthly year-over-year, select Canadian cities. Source: Statistics Canada, Economic Research Calculations.
