Posted on Friday, December 15, 2017 at 10 a.m.
Budget plan ready for Champlain Township
Champlain Township council finished its last piece of official business before the Christmas break. It worked out a final municipal budget plan for next year but wasn’t able to avoid an increase for property taxes.
“We can’t run a deficit,” said Mayor Gary Barton. “We have to pay for what we do. But we are moving ahead and we are making improvements.”
Council spent Wednesday and Thursday afternoons with administration and department directors reviewing the operation and capital budget plans to determine what expenses are essential and what projects or equipment purchases could be postponed.
The municipal levy portion of the 2018 budget will be about $5.8 million. That is the part of the municipal budget revenue which comes from property taxes. The rest of the municipal budget revenue is made up of provincial and federal grants and other sources.
The increase in the 2018 municipal levy compared to the 2017 budget levy will be 8.96 per cent. For the average homeowner that will mean an increase of $23 for every $100,000 worth of assessed value of residential property.
What the actual dollar figure will be for the individual homeowner’s property tax bill next year will depend on whether the Municipal Provincial Assessment Corp. (MPAC) determines if the property increased or decreased in value or remained the same.
The 2018 property tax bills sent out to homeowners, businessowners and farm property holders includes both the municipal property tax and also those for the counties, district school boards, provincial governments and some regional agencies like the South Nation Conservation Authority.