Watson pledges annual tax hike ceiling of three per cent if re-elected mayor

Jim Watson pledged Sunday to keep property tax increases between two and three per cent annually during the next municipal term if he is re-elected mayor.
Guided by his trademark fiscal prudence but prodded by repeated complaints about the state of the city’s roads, Watson said an increase in the two- to three-per-cent range would generate an extra $10.3 million in 2019 revenues, compared with 2018.
With allowances for other unforeseen expenses, that should leave about $8.3 million to inve