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the infrastructure levy, said O’Reilly.
Salaries and benefits make up $5,314,150 kingston 56% of total expenditures. REGIONor Development and works
been finalized but Renfrew council has had its first crack at the 2015 operating budget and ratepayers could be looking at a total municipal levy increase of 4.79 per cent. .COM The 4.79% increase includes 1.44% of new growth from 2014 and 2.21% for infrastructure. If your property is worth $100,000 and your assessment did not change from 201415, your taxes will actually go down but for those with assessments that increase at the Municipal Property Assessment Corporation (MPAC) average of 2.85%, the impact for a property assessed at $100,000 is an increase of just over $30. The proposed budget includes a new infrastructure levy of $156,305. “It’s very, very important we have a share of money to look after the new infrastructure,” said Mayor Don Eady. Town treasurer Keray O’Reilly presented the proposed operating budget at a three-hour committee of the whole session on Tuesday, April 21. Decreases in school and county tax rates allowed flexibility to grab some dollars for .COM
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Town considers 4.79% brockville brockville municipal tax levy hike COMMUNITY
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Renfrew Mercury
April 30, 2015 l 56 pages
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39 Renfrew Ave. W.
accounts for 24.9% of operating expenditures, police 20.1%, fire 15.9%, recreation and facilities 10.9%, capital 7.1%, other 19.7% and new infrastructure 1.5%. Total.CArevenue for 2015 is $9,454,320 – 78.6% of that comes from taxation, Ontario Municipal Partnership Fund (OMPF) makes up 17.7% and 3.7% comes from other revenue. OMPF funding of $1,672,500 stayed the same this year, something for which the town is fortunate, said O’Reilly. Many neighbouring municipalities have had their OMPF funding cut. “I think we should thank our lucky stars that ours has stayed the same,” said Mayor Eady. Renfrew’s $5,039,030 capital budget was passed March 24. The budget is expected to be finalized at the May 12 regular meeting. Mayor Eady expressed his gratitude to staff and council. “Thanks to everyone for the work they’ve put into this up to this point,” said Eady. .CA
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A special evening of music Soprano Jessica Belanger performs at the fundraising concert for Our Lady of Fatima Church Friday night in Renfrew. For more photos, see pages 14 and 15. Annie gervais/ submitted
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