The Town of Orangeville's 2020 municipal budget has been approved.
It will come with a 1.5 percent increase to the net tax levy.
The consolidated budget of 60 million dollars requires 36.6 million dollars in net tax levy before assessment growth.
This means a 2.85 percent increase from the 2019 levy requirement.
The result of the 2020 budget will mean the average home, will likely see a decrease in the Town portion of their tax bill.
If the changes in your property value are higher than the median change in your property class, your taxes payable may be higher than the approved property tax increase.
Some of the key projects approved in this year’s budget are new sidewalks on Broadway to improve accessibility and the streetscape for residents and tourists.
Other important expenditures include a one-year contract position in the clerk’s office to accelerate the much needed review and overhaul of some of bylaws, and funds have also been dedicated to improving digital engagement through a new website, and mobile app.
Capital projects account for $2.6 million of the net levy and include:
• New fire hall ($10 million over three years – 2020 approved funds will cover design and site preparation) – in 2020, $2.4 million from debt financing and $580,000 from development charge reserves
• Environmental assessment for a new well ($5.1 million over the next two years) – in 2020, $510,000 from water reserves
• Water meter and building upgrades ($4.37 million over two years) – $465,000 in 2020, fully funded from water/wastewater rates
• Reconstruction of Centennial Road ($4.4 million over three years) – in 2020, $250,000 from four funding sources: debt financing, water/wastewater rates, general reserves and tax levy
• Anaerobic digester at water pollution control plant ($3.3 million over two years) – $330,000 in 2020 funded through water/wastewater rates
• Eco Chill (heating and cooling system) at the Alder Recreation Centre ($2 million in 2020) – $1.8 million from general capital reserves and the remainder from tax levy.
• Broadway boulevard brick rehabilitation – Wellington to John Street ($900,000 in 2020) – $92,900 from general capital reserves and the remainder from tax levy
• Fire truck ($800,000 in 2020) – $237,000 from fire fleet reserve, remainder from tax levy
• Corporate-wide digitization ($325,000 in 2020) – 10 percent from corporate reserves, remainder from tax levy
• Asset management plan ($250,000 in 2020) – $120,000 from tax levy, remainder from reserves
• Trail development plan ($525,000 in 2020) – 10 percent from reserves, remainder from tax levy
Council added two items at the December 16 budget meeting -- $30,000 more for a metal roof at the animal shelter and $10,000 to upgrade to a three-stream waste separation system and add two more locations.