Collingwood budget passed with under 3 per cent tax increase
Councillors in Collingwood have officially approved the budget for 2023.
At Monday night's meeting, council gave the green light to the budget, which comes with a 2.7 per cent increase in property taxes. The town says that equates to approximately $5.30 for the average household in Collingwood.
"Many people are struggling in our community as the price of almost everything continues to rise," Mayor Yvonne Hamlin said in a news release. "With inflation over 6%, we worked hard to keep the property tax rate increase affordable, while still ensuring that our Town is a wonderful place to live, work and play."
According to the town, the key priorities of the budget include $225,000 in top-up funds to the Affordable Housing Reserve Fund and continuing to maintain the same level of programs and services.
Altogether the budget includes $ 66.7 million in operating expenses and $ 63.3 million in capital expenses.
The town will also be investing in various community spaces, including local arenas, as well as a $500,000 investment in the ongoing revitalization of the grain terminals.
"Council and Staff also want to ensure we plan for our community's future in a fiscally responsible way," Monica Quinlan, a treasurer, said in a news release. "This includes planning for the future and caring for our assets in a manner that is responsible and cost-effective."
CTVNews.ca Top Stories
Grandparent scam: London, Ont., senior beats fraudsters not once, but twice
It was a typical Tuesday for Mabel Beharrell, 84, until she got the call that would turn her world upside down. Her teenaged grandson was in trouble and needed her help.
Deaths of 4 people on Sask. farm confirmed as murder-suicide
The deaths of four people on a farm near the Saskatchewan village of Neudorf have been confirmed a murder-suicide.
George Washington family secrets revealed by DNA from unmarked 19th century graves
Genetic analysis has shed light on a long-standing mystery surrounding the fates of U.S. President George Washington's younger brother Samuel and his kin.
Why some Christians are angry about Trump's 'God Bless the USA' Bible
Former U.S. President Donald Trump is officially selling a copy of the Bible themed to Lee Greenwood’s famous song, 'God Bless the USA.' But the concept of a Bible covered in the American flag has raised concern among religious circles.
Full parole granted to man convicted in notorious 'McDonald's murders' in Cape Breton
The Parole Board of Canada has granted full parole to one of three men convicted in the brutal murders of three McDonald's restaurant workers in Cape Breton more than 30 years ago.
Rainfall warnings of up to 80 mm among weather alerts in effect for 6 provinces
Rainfall warnings of up to 90 millimetres and other alerts have been issued for six Canadian provinces, according to the latest forecasts.
Sunshine list: These were the Ontario public sector's highest earners in 2023
Ontario released its annual sunshine list Thursday afternoon, noting that the largest year-over-year increases were in hospitals, municipalities, and post-secondary sectors.
Bus plunges off a bridge in South Africa, killing 45 people. An 8-year-old child is only survivor
A bus carrying worshippers headed to an Easter festival plunged off a bridge on a mountain pass and burst into flames in South Africa on Thursday, killing at least 45 people, authorities said.
Calgary bridges remain closed due to ongoing police incident
Calgary police have shut down a number of bridges into and out of the downtown core as officers deal with a distraught individual.