Posted on Wednesday, November 22, 2017 at 3:10 p.m.
Counties council approves 2018 budget plan
The United Counties of Prescott-Russell council met its budget deadline for 2018 with more than a month spare.
The eight mayors gave a unanimous vote of approval for the 2018 final budget report, a two-inch-thick document that made up more than half of the agenda package for their Wednesday morning regular session.
Julie Ménard-Brault, director of finance for the counties (see photo), presented the document, along with a four-page summary report for final review and approval. Council approved the budget almost as soon as Ménard-Brault finished reading out the report.
“We have a lot of confidence in her report,” said Warden Gary Barton. Ménard-Brault thanked council for its vote of confidence in her and her staff for their work on the 2018 budget.
The final document projects an overall operations and capital works budget of about $106 million for the counties. The municipal levy portion of the budget will be about $42.5 million. This represents an increase of $1,783,000 in the municipal levy compared to the 2017 counties budget.
This works out to a 2.7 per cent increase for the residential tax rate which translates to $27 more for the average homeowner on the counties property tax bill. Property tax notices will not go out until next spring after the provincial assessment calculations are finished.
Some property owners may have higher or lower tax bills than the projected average, depending on whether or not their land and buildings have increased in value compared to the counties average.