BIOL 1050 Lecture Notes - Lecture 6: Human Capital, Big Country, Market (Place)

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Operational day to day, key costs for programs and services, human resources eats up tremendous amount of budget, downsizing is fastest way to get rid of spending (human capital), also includes printing, training, development. Capital- larger bricks and mortar type purchases, municipalities can borrow to build a new library, can"t borrow money for operational budgets, books need to be balanced for municipalities. User pay budgets other services city provides but don"t generate revenues from general tax base, parking in guelph user paid budget via bus passes, tickets, by-law tickets, meters. Staff prepare budget based on recommendations from cao. 200 million dollar budget (guelph) you would need to cut tons of ,000 services to make a difference. One time infusion of cash does not resolve funding issues, want long term support. Gas tax, part if paul martin"s new deal for cities.

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