Timmins introduces capital levy.Timmins Timmins, town (1991 pop. 47,461), central Ont., Canada, on the Mattagami River. Timmins is the commercial center of the rich Porcupine gold-mining district, where gold was first discovered in 1909. Silver, copper, lead, and zinc are also mined. taxpayers can expect a 1.24 per cent increase in their municipal tax rate to provide a $500,000 boost to the city's capital budget for 2005. The money will bump the 2004 base capital budget to $5 million for 2005. City officials are concerned, however, the new money still won't be enough. The city's five-year capital plan will plateau plateau, elevated, level or nearly level portion of the earth's surface, larger in summit area than a mountain and bounded on at least one side by steep slopes, occurring on land or in oceans. at $6.5 million in 2008, still short of the $9 million recommended for infrastructure maintenance. Coun. Yves Malette praised the foresight (graphics, tool) Foresight - A software product from Nu Thena providing graphical modelling tools for high level system design and simulation. of the five-year plan Five-Year Plan, Soviet economic practice of planning to augment agricultural and industrial output by designated quotas for a limited period of usually five years. , saying the document would help city administration plan for the future. |
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