City council will be under pressure to prioritize programs and projects in an increasingly challenging economy heading into the new year.
Kavi Pandoo, the city’s director of corporate services, provided an overall context for Budget 2024 preparations during a presentation at the Nov. 20 governance and priorities committee meeting.
Pandoo, who only started in the city leadership role in September, promised a “tight and frugal” budget document due to an increasingly long list of challenging economic conditions.
“Preparing a budget and balancing a municipal budget has become harder and harder as a result of volatile economic conditions both at home and abroad,” he said. “As a community and a country, we’re coping with high rates of inflation, seemingly broken supply chains, coupled with unprecedented changes in the makeup and collective expectations of the…