blog.mastermaq.ca
Mayor Don Iveson looks back on 2018 - MasterMaq.ca Blog
"I believe this was the year we made a shift to building Edmonton for the next generation," said Mayor Don Iveson last week as he hosted the media at City Hall for a briefing and roundtable discussion on 2018. Asked for a highlight from the past year, Mayor Iveson cited the new funding deal with the Province. The City Charters Fiscal Framework Act will provide Edmonton and Calgary with "infrastructure funding tied to provincial revenues, meaning they would share in Alberta's future revenue growth." It is both a replacement for Municipal Sustainability Initiative (MSI) funding and a new source of long-term transit funding. "We're legislated now into long-term growth," the mayor said. Last month he wrote that "the deal reflects the province's economic reality now." Here are some of the highlights from the roundtable discussion: Budget Savings Given the budget hadn't yet passed when the roundtable took place, there were some questions related to cost savings. Acknowledging there were