http://calgaryherald.com/news/local-...spikes-in-2019
Kind of funny that all the bitching over the years about new suburbs draining infrastructure and funding, it was new suburbs that's been subsidizing everyone else all along.Water bills could rise faster than expected in the coming years as the city looks to make up for a $47-million revenue shortfall that’s being blamed on a lack of building activity.
New development in Calgary fell to a 33-year low in 2016, according to a city report, resulting in lower off-site levies being paid to the city’s water utility._
The priorities and finance committee heard Tuesday morning that despite significant work to mitigate much of the revenue shortfall, “the magnitude of the shortfall will still put pressure on the rate increases in the 2019-2022 business cycle.”
“As a result of the less-than-predicted amount of development happening in 2016, what we end up with is a shortfall in revenue that means that utility ratepayers are now offsetting the shortfall in off-site levy revenues,” Gillian Skeates, a city finance manager, told members of council Tuesday.[/b]