The 2019 Bruce County Budget is formally approved. County Council adopted the annual tax ratio bylaw at the March 7, 2019 County Council Meeting.
Bruce County Director of Cooperate Service Bettyanne Cobean says "the residential tax rate for 2019 will be 0.71% greater than the 2018 residential tax rate. Every $100,000 of residential assessment will be taxed at $389.69 in 2019."
The total is compared to $386.94 in 2018 for upper tier purposes which Cobean says is a increase of $2.75 more for every $100,000 assessment on their home.
She says the Budget for 2019 will require a levy for $46,823,877 which is an additional $1,982,476 over 2018.
A number of infrastructure initiatives including 43 Departmental Annual Business Plans business plan projects which support the CAO's initiatives include the second generation of the County's Mental Wellness Program, First Aid in Mental Wellness and Enhancing Mindfulness, along with progressing our Lean Transformation from Phase 0 (Exploration) to Phase 1 (Building Foundations).
The County saw fit to add $75,000 to the levy to be spent on a Natural Heritage study in the county, which will help in developing a new official plan update. Next year's budget will see an additional $75,000 be included to total $140,000 phased in over the two years,
In a media release Warden Mitch Twolan says, "I am pleased that as a result in assessment growth in Bruce County we have been able to approve a budget that is affordable and maintains the tax rates, while investing in our people and infrastructure."