Create a Website Account - Manage notification subscriptions, save form progress and more.
How does the levy limit impact your community's services? Are forced to apply what little is received due to growth due to new construction to fund annual cost-of-service increases in existing programs. Nothing is available to increase in services, in fact most services are in jeopardy of being cut back to some degree.
How does the levy limit impact your community's budgeting practices and finances, eg, your amount of borrowing? Prior to levy limits, we annually budgeted contributions into departmental Reserve Funds for the future purchase of capital equipment. That practice was eliminated as the annual contribution amounts needed to be applied to actual operating costs. All capital purchases are now required to be funded by borrowing.
How did the levy limit impact your community's staffing levels and employee compensation? Staffing levels have basically been frozen at the same level since levy limits were implemented.