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The Municipality of Grey Highlands has released the 2023 Draft Budget with a proposed 9.2% increase to the tax levy. The document will be presented at the December 14th Committee of the Whole meeting.
Municipal staff has prepared a budget that considers the best cost estimate to provide existing approved service levels while addressing Council priorities, Asset Management, and planning for growth.
Departments sought out revenue sources and cut costs wherever possible, which resulted in savings of 1.2% of the overall budget.
Inflation levels significantly impact the draft Operating Budget, specifically fuel costs and items that are impacted by fuel, such as gravel and asphalt, which make up a big part of the budget. Other increases include curbside collection, insurance premiums, and remuneration.
The draft budget includes 29 additional items for Council to consider, including resolutions of Council, staff-identified needs, or items identified in a plan or study. The cost of these items is not included in the draft budget.
- Highlights of the Draft 2023 Budget:
- Renovations for the Markdale Library
- Kimberley Hall façade and roof repairs
- Bunker gear and equipment for Fire Services
- UV replacements for municipal facilities
- Strong investment in Asset Management
An increase of 9.2% to the tax levy would see property taxes increase by $58 per $100,000 of assessment. The average dwelling in Grey Highlands is valued at $305,905. The draft budget impacts result in a proposed annual increase of $177 for the average home in 2023.
“This year’s budget was extremely challenging given inflation and rising costs. Staff have worked diligently for months, recognized savings wherever possible, and proposed investment where needed. We have a strong, enthusiastic Council who are eager to deliberate, and staff looks forward to working with them during the budget process,” said CAO Karen Govan.
A budget survey was launched in September, asking residents what their priorities are in 2023 and how they would spend the budget. The municipality received over 300 responses that have been provided to Council.
Additional opportunities are planned for the new year, including another survey and a Budget Open House. Watch our website to see how you can be involved.
Budget deliberations are scheduled to start in January with the proposed dates:
- Friday, Jan. 13, 2023 – 10:00 a.m. - 3:00 p.m.
- Friday, Jan. 20, 2023 – 10:00 a.m. - 3:00 p.m.
- Wednesday, Jan. 25, 2023 – 10:00 a.m. - 3:00 p.m.
The Draft 2023 Budget documents and presentation are available at greyhighlands.ca/budget.
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source: media release, Municipality of Grey Highlands
