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St. Catharines to Take $2.8-Million from Reserve Funds

St. Catharines is dipping into its reserve funds.

The $2.8-million will be added to the 2021 Operating Budget in to make up for lost revenue related to COVID-19.

This should also result in a lower tax increase for next year.

Budget Chair Matt Siscoe says it should be about two percent and it would be close to five percent without the reserve funds.

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