Now is the time to look at some serious privatization initiatives. City services are pricing themselves out of the market.
From the Leader Post:
The City of Regina is facing an $8.4-million bill to pay for the salary and related benefit increases received by core city workers.
That total includes $6.3 million over three years for the 1,600 workers who recently were on strike, plus $2.1 million for pay raises for middle managers and out-of-scope workers. A report released by the city Friday said the city is hoping to cover off the pay raises for 2004 and 2005 within existing budgets.
But it said the city's operating and utility budgets will have to be increased by $3.5 million in 2006 as a result of the salary increases, potentially translating into a three- to four-per-cent property tax increase next year, if everything else remains the same.