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Wednesday, April 11, 2012

Core City Services Facing Cuts Without Changes To Pension Plan

We're looking at deep cuts to core services unless the province grants us pension reform.

That warning from City Manager Pat Woods, presenting a document to Common Council outlining what will happen if the city does have to face a $4 million dollar shortfall. 

If reform isn't approved, the city will be looking at more reductions to fire services, libraries, and roads.
 
Mayor Ivan Court emphasized that the city is actively working to finalize the needed reform, meaning most of the cuts likely won't happen.
 
Councillor Gary Sullivan referred to the review of core services as a "dark exercise"--but he and a number of councillors agreed that some of the cuts would make sense whether reform is granted or not. 

Woods is calling the review a balancing act between affordability for taxpayers and sustainabily for the beneficaries of the pension plan.