The Finance, Audit and Tendering Committee is tasked with developing and maintaining a citizen engagement process for the City of Charlottetown budget.
We want to hear from you!
What You Need To Know
As a first step, it is important for our citizens to understand the flow of money through the City. The majority of the money the City of Charlottetown takes in comes from property taxes. That money is driven by two factors: tax rates and assessed property values. City Council has complete control over tax rates and has some influence over assessed property values.
Council's influence over assessed values comes in the form of encouraging development and growth, improving infrastructure and quality of life, and generally doing all it can to increase the demand for housing and business space in the City of Charlottetown. Assessed property values and property taxes do increase as those improvements are made in Charlottetown and property in the city becomes more attractive to investors. Council can decide to decrease the services it provides, which can reduce the desire to live in the Capital and, in turn, decrease property taxes.
We have been fortunate that growth and development have been high enough to allow us to improve our services offered to you - the citizens of this great city, the Birthplace of Confederation.
How You Can Make A Difference
We are opening the door to all citizens to let us know what direction our spending should take and, consequently, what direction our revenue should take.
Unlike other levels of Government, the City is legislated and cannot spend more than it takes in. This makes the choices simple - take any of the services we currently provide and tell us if we should spend more on that service or we should spend less. If you want us to spend more on a service, we will need to know if you want us to increase tax rates to pay for it or cut services in another area. If you want a cut, please also let us know what area.
If you want us to reduce our level of services in an area, please let us know if you want us to give that money back to you through reduced tax rates or spend it on another area, and, if that is the case, please let us know what area.
To understand the impact of changes, please note that it takes a 1 per cent change in your tax bill for us to make a $150,000 change to our spending.
We are also open to your input on the balance of our sources of revenue so if you have suggestions on any changes to our sources of revenue, please also let us know. And, as with service levels, your input on what should be done with the extra or decreased revenue would be greatly appreciated.
How To Reach Us
The City of Charlottetown's fiscal year is January to December. To ensure your feedback is considered, we need all comments submitted by 12 p.m. (noon) on Friday, January 29, 2016.
Email your submission to firstname.lastname@example.org.
Written submissions must be sent to the attention of:
The Finance Department - City of Charlottetown
P.O. Box 98, 199 Queen Street,
Charlottetown, PE C1A 7K2
Or, drop off your submission to the main floor reception desk at City Hall, 199 Queen Street, with the envelope clearly marked to the attention of the Finance Department.
To talk to the City's Finance Manager Scott Ryan directly, call: 902-629-6904.
You can also message us on Facebook: www.facebook.com/CityofCharlottetown
Or, Tweet your ideas to @ChtownPE using hashtag #ChtownBudget