Posted on Thursday, November 22, 2018 at 10:21 a.m.
Public consultation sets the stage for Hawkesbury's 2019 budget
The Town of Hawkesbury held its first public consultation regarding the 2019 budget. The administration presented challenges and issues to be addressed during budget proceedings, while members of the community shared their thoughts as to where money should be spent, which mainly included various community projects.
The administration presented an overview of the town’s budget matters for 2019, during a public consultation held on November 13, including short- and long-term expenses, as well as possible significant impacts to the 2019 budget. According to the last Municipal Property Assessment Corporation (MPAC) report, the Town of Hawkesbury will see a 0.33 per cent increase in the 2019 budget. In 2018, $302,000 was added to the town’s long-term debt repayment, which already stood at $1.6 million.
The Water Treatment Plant 20-Year Strategic Plan that was recently adopted is one such example of a project that could significantly impact the upcoming budget. The total investment for this project stands at approximately $17.85 million, $7.7 million of which will be spent in the first four years. According to administration, a few reserves are available to finance this amount, but the Town will need to look for grants and other means to fund this project.