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Tuesday, December 10, 2019

Orillia Approves 2020 Budget

Orillia | by Bayshore News Staff  

It includes a 3.5 per cent increase in property taxes.

Orillia Council has approved the 2020 budget.

It includes a 3.5 per cent increase in property taxes, which will be about $44 for every $100,000 worth of property, or just over 120 dollars for the average homeowner.

However, city council  anticipates the increase will be reduced to approximately 3 per cent, once the savings from the estimated provincial education tax is applied.

Orillia's $61.5 million operating budget includes the new waste collection contract and rising costs from the County of Simcoe and Simcoe Muskoka District Health Unit as a result of provincial downloading and the Ontario Provincial Police contract, which accounts for 1.6% of the tax increase in 2020.

The City’s $30 million capital budget, focuses on infrastructure improvements, asset management, technology advancements, and sustainability.

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