City slashes nearly $15 million from budget in biggest ever spending cut
MEDICINE HAT, AB – Medicine Hat will be cutting staff, closing facilities and reducing funding to services that will slash overall spending by double digits as it tries to plug a revenue shortfall punched into it by plummeting commodity prices and a global pandemic as council voted Monday night to revise its 2021 budget.
The budget amendment will see spending reduced by 11 per cent resulting in nearly $15 million in savings while cutting next year’s planned four per cent property tax increase to zero.
But the moves will come at a cost.