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Tuesday, February 19, 2019

Taxes Going Up In Muskoka Lakes

Muskoka Lakes | by Matt Sitler  

Council approved the Township's 2019 Budget on Friday...

Taxes are going up in Muskoka Lakes Township.

Council passed its 2019 budget on Friday - it has a net levy of $12,027,806.00, which represents a 5.96% increase over the prior year.

The approved budget will have no impact on current service levels. For every $100,000 in assessment, tax payers will pay $122.72; an increase of $2.58 over 2018.

This represents a 2.15% increase in the residential tax rate from the previous year.

“I am appreciative of the efforts of staff in every department and Council to bring in an extremely responsible budget,” said Muskoka Lakes Mayor Phil Harding in a township release. “Firstly, the general operating budget is up less than 1% over last year, however included in 2019, Council increased this number with an extra 5% dedicated capital amount, to be added directly to reserves. The combined 5.96% total budget increase showcases the new Council’s ability to listen to the Public, plan for the future and work together to manage complexities of the budget within a changing economy.”

 

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