City Hall spent the week doing what cities do best: rearranging the visible deckchairs while pushing the real cost further down the ship. They called it “budget management.” I call it economics under fluorescent lighting.
Here’s the brutal fact you should taste like cheap whiskey: Council has trimmed the draft 2026 all-in tax increase to 6.56 percent, according to local reporting — a figure stitched together with deferrals, accounting acrobatics, and the one-time tap of a reserve. That slimmed-down number didn’t come free; it leaned on $3 million pulled from the Legacy Income Retention Reserve. If you want the arithmetic, the local paper’s got it.
What that 6.56 percent means in the meat-and-potatoes world: KawarthaNOW’s tax-impact math suggests roughly $340 extra in 2026 for a median house assessed around $260,000. That’s not abstract policy — that’s dinner, rent, and sometimes a decision to skip a heating repair. The council might call it “manageable”; a lot of households will call it real.
If you were hoping for fiscal heroics, take a breath: the trimmed number is a one-off trick. The $3 million draw from reserves is a bandage, not a cure. Council shoved costs into the next fiscal drawer by deferring capital work and using interest income — which means 2027 will be another round, and 2028 the encore. The drumbeat is simple: cheaper now, precarious later.
Meanwhile, the gears of governance kept turning on schedule. The city calendar shows the Waste Management Committee and the Arenas, Parks & Recreation Advisory Committee met on Nov. 24 — committees where the small but savage fights over service levels, user fees, and ice time quietly happen. If you want to know where cuts or hikes actually germinate, that’s where to watch.
And let’s not pretend the budget fight floats in a vacuum. One of the largest pressures on the levy remains policing — the services budget and major capital asks for police facilities are significant drivers of the total increase. That’s been a recurring, ugly note in the chorus of budget debates all month. The financial hurt is concentrated where the city can’t easily trim without a political maelstrom.
While the money drama played out, the city also kept the GE file smoldering. Staff and council continue to circle heritage designations, remediation questions, and demolition permissions at the old GE/CGE campus — a long, messy negotiation about contamination, history, and who pays to make the place safe and useful again. The Mayor’s office and PACAC have both been involved; whether Queen’s Park writes a cheque remains the central question.
Mark the calendar: the draft budget will come forward for adoption at Council on Dec. 8, 2025 — that’s the date where rhetoric meets reality and the council signs the ledger. If you care about taxes, capital projects, or whether your city fixes potholes or funds festivals, that’s the night to pay attention.
So what did the week actually deliver? A trimmed headline rate, a borrowed million or three, committees quietly doing the scut work, police costs still breathing down civic shoulders, and the GE ghost story continuing to haunt the docket. It’s tidy, if you’re the sort of bureaucrat who likes tidy. For the rest of us, it’s a slow squeeze: small comforts today, bigger bills tomorrow.
In the end, the City’s performance this week felt like a magician’s flourish — flashy, slightly theatrical, and designed to keep the crowd distracted while the actual mechanics were tucked away. Don’t be fooled by the trim. The ship’s still taking on water; they’ve just rearranged the cushions.
Aries March 21 – April 19Your impulsiveness is hitting new levels this week, Aries. You’ll…
Aries March 21 – April 19Deep breath, Aries: the universe isn’t “testing” you — it’s…
In Peterborough, we like to sentimentalize the old CGE buildings — the brick cathedrals of…
Into the Woods is a complicated musical, and I was reminded of that while I sat…
Saturday Nov 15, 9pm Pig's Ear Tavern From the dark heart of Peterborough, SUPERNAUTS rise…
It’s late October in Peterborough, and the cold’s already got teeth. You can feel it…
This website uses cookies.