On Monday January 15, 2018 Meaford Council will be holding the statutory public meeting for the 2018 budget and the new Fees and Charges by-law. The meeting will begin at 6:30pm at the Meaford Council Chambers, 157859 7th Line, Meaford.
The recommended tax levy increase for 2018 is set at 3%, with an estimated blended rate of 1.32%.
Base 2017 Budget $13,278,875
Base Budget Increase $111,400 0.839%
Capital Funding $248,950 1.875%
Increased Corporate Revenues -$147,525 -1.111%
Future Capital Funding $185,500 1.397%
Requested 2018 Budget $13,677,200
Requested Additional Funding $398,325 3.000%
At this rate, the average residential property would see an additional $46.70 per year levied in taxes.
Full budget documents, presentations and Q&A's can be found at www.meaford.ca/budgets.
Any budget questions or comments can be directed to [email protected].
source: media release, Municipality of Meaford