WELLINGTON NORTH – Wellington North residents could be looking at a 5.87 per cent tax increase in 2024.
A report to go before council on Monday proposes a 5.87 per cent increase in the tax levy, resulting in a total levy requirement of over $9 million, an increase of 7.97 per cent.
For a typical residential, single-family dwelling, the township portion of the property tax is estimated to increase by over $78.
A township report says the total capital program for 2024 amounts to $23 million-plus, with $13.5 million allocated to a wastewater upgrade in Arthur.
The document notes excluding this upgrade, the capital program for 2024 stands at $9,669,885, consistent with previous years.
44 per cent of budget dollars are recommended to go towards roads.
Via Township of Wellington North.
Property assessment for tax years will remain unchanged.
A graph breaks down the difference between growth-related and other capital projects in the proposed scenario. Photo by Township of Wellington North.
The first budget meeting with council and staff is Monday, with additional meetings scheduled for November 29th, December 11th, and January 15th, 2024.
You can read the full breakdown in a report here.
