Former city councillor Howard Johnson spoke to council about their financial picture.
 
He's worried that the city is overspending, something he says will impact the Fort's future.
 
"Well you just wait a little bit, because of our expenses and money we're spending, your taxes will go up, they have to up," explained Johnson. "Whenever you incur debt, your payments go up, so it'll be passed on to the taxpayer."
 
Johnson equated running a city to be like running a business; both provide a service to the general public and both have to take their respective financial pictures seriously and handle them well. He told council in his presentation that if he ran his business like the city ran theirs, he'd be bankrupt.
 
"I want them to look at their budgeting again and find out where they're overspending," he added. "Then we ask administration to start cutting back because we're spending more than what we're making."
 
On an information card he handed to council, he listed a local business's taxes. In 2010, that local business was charged $14,964.53 in taxes. Six years later with "no new improvements" as the pamphlet claims, that charge for taxes was $39,864.17, an increase of what Johnson claims is 266 per cent.
 
He was also concerned about the city's long term debt increasing 275 per cent from $15,521,757 in 2010 to $42,727,367 in 2016. According to Johnson, the annual debt payment is $2,878,233, breaking down to $117.15 per year for taxpayers.
 
"I don't mind paying my fair share but when it goes up [how it has], I've got a problem with that."
 
Johnson said he got his numbers straight from the city's online financial statements. Council quickly moved on after Johnson's presentation with mixed expressions visible on the faces of various councillors.

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