A day after dealing with the biggest piece of London's budget - policing - city council was still looking for savings.

On Friday morning Ward 6 Councillor Phil Squire proposed a $500,000 cut to the $94.7 million earmarked for financial management.

Ultimately though, the proposal was defeated 13-1 amid concerns that across the board cuts don't take details of the impact into account.

Although there could still be some changes before the end of February, Friday's deliberations featured a number of winners and losers.

There was a suggestion that London Hydro increase its annual dividend paid to the city by a million dollars - but that was defeated.

Most of the funding requests made by non-profits were either delayed for a year or outright turned down.

That includes a request from Pillar Non-Profit Network for $339,000 for accessibility renovations the GoodLife building for its Social Innovation Shared Space, which was turned down in an 8-7 vote late in the day.

However, council did re-consider and approved spending $175,000 to start the Urban Forest Strategy.

Ultimately, the day resulted in only a single dollar increase to the average tax bill.

The draft budget increase stands at 2.5 per cent or $63 more on the average home.

Debate continues around several funding requests, including the $339,000 being sought by Pillar Non-Profit Network to renovate the Goodlife Fitness building on King Street.

Next week, councillors will tackle the capital budget, but most of that money is locked in with long-term spending plans.

The public will have one more chance to comment on on the process Feb. 19.

The budget will be finalized Feb. 26.