{"id":2447,"date":"2020-11-12T13:00:00","date_gmt":"2020-11-12T13:00:00","guid":{"rendered":"https:\/\/dev.ensemblemtl.org\/?p=2447"},"modified":"2024-01-29T10:12:20","modified_gmt":"2024-01-29T15:12:20","slug":"budget-2021-a-tough-return-to-reality-for-the-plante-dorais-administration","status":"publish","type":"post","link":"https:\/\/ensemblemtl.org\/en\/actualites\/budget-2021-a-tough-return-to-reality-for-the-plante-dorais-administration\/","title":{"rendered":"Budget 2021 : A tough return to reality for the Plante-Dorais administration"},"content":{"rendered":"\n

Montr\u00e9al, November 12, 2020<\/strong> \u2013 The last budget of the current Plante-Dorais administration\u2019s mandate, presented today, reflects the lamentable state of Montr\u00e9al\u2019s finances since the Projet Montr\u00e9al team took power in 2017. For the Official Opposition, the \u201celection gifts\u201d of freezing taxes and new public transit pricing for children and seniors (announced for July 2021) hide a much darker financial situation.<\/p>\n\n\n\n

\u201cLet\u2019s not forget that these gifts are 100% funded by the $263 million contribution announced by the gouvernement du Qu\u00e9bec which once again has had to rescue its metropolis. Last year, when there was no pandemic whatsoever, the government gave the city $150 million to balance its budget. Today, the coffers are empty and we\u2019re still facing a spendthrift administration that has indebted Montrealers beyond acceptable limits for years to come,\u201d declared Mr. Lionel Perez, leader of Ensemble Montr\u00e9al.<\/p>\n\n\n\n

In fact, despite the Official Opposition\u2019s many warnings over the past three years, the Plante-Dorais administration is still failing to cut operating expenses. The only reason it can propose a $1.5 million decrease in expenditures for 2021 is a fierce cut in the cash payment of capital costs, which dropped from $631.6 to $394.6 million, when it should have increased by $80 million per year.<\/p>\n\n\n\n

\u201cThe cash payment of capital costs is nevertheless an essential element of the city\u2019s borrowing strategy. These steep cuts by the Plante-Dorais administration are putting way too much pressure on the spiralling municipal debt. The total debt ratio (debt\/income) has now reached 120%, although the city\u2019s policy states it must not exceed 100%. The city has no more room to maneuver, and the current administration continues to manage like nothing’s changed,\u201d added Mr. Alan DeSousa, mayor of Saint-Laurent and Official Opposition spokesperson for financial matters.<\/p>\n\n\n\n

\u201cNow we understand why, a few days ago, Mayor Plante announced the postponement of 20 major 2021 projects. It\u2019s not to give motorists a break, but really because the city doesn\u2019t have the money to carry out the work,\u201d noted Mr. Perez.<\/p>\n\n\n\n

Remember that over the past three years, the Projet Montr\u00e9al administration has increased municipal spending by 17.6%. At the start of the pandemic crisis, it announced cuts of $123 million, clearly insufficient according to the Official Opposition.<\/p>\n\n\n\n

\u201cFor three years, they partied with the taxpayers\u2019 money! We\u2019re talking nearly a billion dollars in additional expenses and a thousand more employees on the city’s payroll. The pandemic has forced this administration back to reality, whereas if it had better controlled its expenditures since 2017, we wouldn\u2019t be in this situation. Today, the cash drawer\u2019s empty, the debt\u2019s hitting unthinkable summits, and Montr\u00e9al\u2019s economy has not begun to recover. It will be up to the next administration to pick up the broken pieces because, without change at city hall next year, Montrealers can expect this bad management to continue for a long time,\u201d concluded Mr. Perez.<\/p>\n","protected":false},"excerpt":{"rendered":"

Montr\u00e9al, November 12, 2020 \u2013 The last budget of the current Plante-Dorais administration\u2019s mandate, presented today, reflects the lamentable state of Montr\u00e9al\u2019s finances since the Projet Montr\u00e9al team took power in 2017. For the Official Opposition, the \u201celection gifts\u201d of freezing taxes and new public…<\/p>\n","protected":false},"author":1,"featured_media":937,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[108],"tags":[265,493,488,231,234],"district":[],"class_list":["post-2447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finances-en","tag-alan-desousa-2","tag-budget-2","tag-budget-2021-2","tag-ensemble-montreal-2","tag-lionel-perez-2"],"acf":[],"aioseo_notices":[],"yoast_head":"\nBudget 2021 : A tough return to reality for the Plante-Dorais administration - Ensemble Montr\u00e9al<\/title>\n<meta name=\"description\" content=\"Montr\u00e9al, November 12, 2020 \u2013 The last budget of the current Plante-Dorais administration\u2019s mandate, presented today, reflects the lamentable state of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ensemblemtl.org\/en\/actualites\/budget-2021-a-tough-return-to-reality-for-the-plante-dorais-administration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budget 2021 : A tough return to reality for the Plante-Dorais administration - 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