Edmonton tax hike sitting at 6.1% before savings are found

City homeowners are looking ata 6.1 per cent property tax hike unless city councillors find some savings as theyenterthe final days ofbudget deliberations.

Councillors have approved numerousitems in the capital budget includingnew bike lanes, a policeengine helicopterand upgrades to sports centres and libraries.

City staff say there are some savings which will bring that number down.

Chief Financial officer LornaRosensays lower gas prices has saved the city $1.6 million dollars in fuel costs, while thecity stands to gain $3millionin taxes from new houses and buildings.

Mayor DonIvesonsays money can also be shifted around from budget surpluses to pay for one-time costs, pointing tophoto radar which brought in about $10millionmore than expected this year.

Budget discussions are expected to wrap up Wednesday afternoon.