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Development charges should offset costs of growthability of the community. development charge collection. Oakville isimportant element of building a competi-Continued from page 1Provincial debt limitations restrictin a strong financial position.tive economy.debt at Dec. 31 2010 was $40 million, thismunicipalities to accumulating debt charg- Despite the towns current strong finan-Since municipalities are limited largelyincludes $19.1 million in self-supportedes to up to 25 per cent of total town reve-cial position, we continue to have concernsto property taxes to pay for the renewaldebt which is being paid by non-tax revenuenues, but Council has put in place morethat the costs of growth are placing a bur-costs of infrastructure, long term fundingsources such as development charges (DC),restrictive policies which limit the town toden on our taxpayers and we look forward tofrom the Province of Ontario and theharbour revenues and the Pine Glen Soccer6.25 per cent for tax levy supported debt andthe day that the provincial governmentGovernment of Canada is of strategic impor-club. 12 per cent total debt, which would includeupdates the development charges act totance if we are to build the infrastructureThe development charge supported debtself-supported debt, as well. In addition toallow all the costs of growth to be fullyneeded for our future without creating aof $6 million will be paid from DC charges,these restrictions, it is the towns policy thatrecovered by municipalities. substantial burden for property tax payers.which is not a tax generated source of reve-development charge funded debt not exceedIn addition, provincial and federal fund- Ward 6 Councillor Tom Adamsnue. The town has very prudent debt man-25 per cent of the projected average yearsing for renewing urban infrastructure is an2012 Oakville Budget Committee Chairagement policies that ensure fiscal sustain-Thanks from MS Society & itehThe 7th Annual MS Golf for a Cure Tournament held wSAVE 50%on June 22 was a wonderful success.t hrigbsAll Duvets, Pillows & Mattress PadWe were able to raise over $16,000 for the Halton by Sealy, Steven and Chris, GlucksteinHome, Linens-N-Things & Home Studio!leachapter of the MS Society. s Friday, July 8th to Thursday, July 14th, 2011We do not receive any government funding, so the FINAL DAYS!our BIGGEST 3success of our events is very important in order to pro-Friday, Saturday & Sunday onlysale of the season!!vide the services and assistance we do for our members and their families. This event would not be possible without our spon-While they last!sors, golfers, prize donors and, of course, our wonderful $%SAVE 40%SAVE 50 30SAVE9999volunteers.EachEach49 Thank you to everyone for helping to make this Bedding & Bedding99Bath towelsCushionsSelect group by Calvin sheetsanother successful event.Queen or King49Was 9.99 - 29.99Was 14.99 - 39.99Klein, Steven and Chris, by Wamsutta Heather Mattocks, Golf Committee Co-Chair, Previously reduced. Estate Manor Bath sheet now 9.99DKNY, Home Studio & Expressions & Prices as marked. Halton MS SocietyTub mat now 5.996 pce 600TC GlucksteinHomeSelection varies by store.Damask StripeHand towel now 1.99sheet setsSale 19.99 - 124.99Sale 10.79 - 95.99Previously reduced. Reg. 79.99Reg. 39.99 - 249.99Prices as marked. Reg. 17.99 - 159.99Selection varies by store.Follow the Sunshine$ with DeNure Tours!40VE SASAVE AN 994930%EXTRADeNure Tours Travel Show in OakvilleBreville panini makeron all previously reduced red ticketed itemsThursday, July 14th at 2:00pmReg. 89.99Hobedding, window, rugs, cushions, furniture, liday Inn - Oakville Centre, 590 Argus Roadstorage & closet organization, food preparation, dinnerware, glassware, SAVE 30% ALL ! " # $ % " # &! " $ kitchen & table linens and drDISCONTINUEDExample: Home Studio KITCHEN ELECTRICS!Me l "" # " $ ikPlus!a folding (5'% 3%,%#4)/. s &)234 15!,)49 s &!-/53 "2!.$3bistro ies by store. setntities last! Selection varWhile quaSeats are limited! Please RSVP to 1-866-967-9909 or Original. .patio sets . . 149.99email us at: info@denuretours.comWas. . . . . . garden dr & accessories,. 99.99Noutdoor tableware & more!ow!Selection varies by store. Excludes As Seen on TV. 99Off last ticketed price. While quantities last!69CLIP & SAVE!buy one, get oneDO-IT-YOURSELF-SALE!bogo ANY SINGLE REGULAR **European Engineering Combined25% OFFPRICED ITEMwhen you use your HBC MasterCard or HBC Credit Card. Friday July 8th, to Thursday, July 14th, 2011WFREEithTraditionalWorkmanship* To redeem, please surrender this original coupon to the cashier. Only one coupon per customer. This coupon cannot be combined with any other offer or credit offer and is valid on regular priced merchandise only and cannot be used in connection with any previous purchases. Licensed departments, Saeco, Dyson, HBC Gift Cards, Point of Sale Activation Cards and Gift All mirrors, Registry online are excluded. HBC reserves the right to dishonour and confi scate any coupon(s) which in its sole opinion have been copied, altered, forged or obtained through unauthorized sources. Refunds for purchase(s) made using this coupon will be reduced to the value of the coupon as indicated on the sales receipt. This coupon has no cash value. Registered trademark of art, clocks!Hudsons Bay Company. Registered trademark of MasterCard International Incorporated. Credit is extended by Capital One. 2011 Capital One. Capital One is a registered trademark. All trademarks used herein are owned by the respective entities. *2nd item must be of All rights reserved. equal or lesser value. Building on theIf you find a lower current retail store advertised price on the identical Brightest Ideas Around Glassitem, bring in the flyer or newspaper ad & well gladly match it!low price guarantee! IMPORTANT CUSTOMER INFORMATION: SELECTION & BRANDS WILL VARY BY STORE: All colours, patterns and styles may not be available in all stores. RAIN CHECKS AND SUBSTITUTIONS: If an advertised item is not yet available we will offer you your choice of a comparable substitution, (if available), or a rain check. In some instances (e.g. special purchases, power buys, clearance items, bonus with purchase or seasonal items) 905.849.0266quantities may be limited, selection may vary by store and substitutes or rain checks cannot be given. 6.1H11 All references to regular price are to Home Outfi tters regular price. All prices in effect Friday, July 8th to Thursday, July 14th, 2011, unless otherwise specifi ed. Registered trademark of Hudsons Bay Company. Registered trademark of MasterCard International Incorporated.Used pursuant to license.15 Friday, July 8, 2011 OAKVILLE BEAVER www.insideHALTON.com