Saugeen Shores Committee of the Whole has tentatively approved its 2020 budget.
Treasurer and Chief Financial Officer Daniel Waechter says taxpayers will be raising just over 17.2-million-dollars in 2020.
The blended rate, which includes, municipal, board of education and county levies, comes in at a 3% hike.
Waechter says on an averaged assessed home of $320,000, the increase means a tax hike of just over $109.
In a prepared news release, Mayor Luke Charbonneau is quoted as saying, “Our growing community requires increased funding towards services and infrastructure to keep service levels consistent, Saugeen Shores still sits at a low property tax rate, however, compared to other similar-sized communities across the province.”
The budget is expected to be approved in bylaw form, at a future town council meeting.
You can view the 2020 municipal budget staff report from Chief Financial Officer / Treasurer Waechter at saugeenshores.ca