The City financial plan was presented at a public meeting last night. Treasurer Lyn Brown reported the total budget is just under 13.3 million dollars down from just under 13.8 million last year. The Special Services Levy will increase to 654 dollars from 635 last year. The total mill rate for residential will be 43.07 down from 44.9 9 last year and commercial 52.84 down from 55.49. 21.46 mills of the total is collected for the School Division. The owner of a 200 thousand dollar home will see a decrease of 172 dollars in property taxes.
Larger expenses this year include utility upgrades and purchase of the bus garage and smaller expenses of upgrades to lighting at the Aqua Center and work at the Community Hall, technology upgrades, the tourist park, assessment at the Willowvale pool and landfill fencing.
Finance Chair Colleen McKee said they have worked hard on this budget and thinks they have turned the corner in the city. Planning for this budget included input from community members, Councilors, management and staff, discussion, choosing priorities and maintaining fiscal responsibility.