West Lincoln, Ont. – March 2nd - At its March 1st Council meeting, the Township of West Lincoln approved a 2021 Operating Budget of $18.6 million and a 2021 Capital Budget of $5.9 million.
This budget is supported with a general tax levy of $8,130,140 that includes a new levy of $75,300 for the West Lincoln Memorial Hospital rebuild. A homeowner with an average assessed home valued at $382,397 can expect to see their overall tax bill increase by an estimated 3.10% or $11.32/month. The 2021 budget focused on building adequate reserve levels and on expanding the volume of road rehabilitation works. In addition, this budget commits funding for the hard-topping of a gravel road.
Some 2021 budget highlights include:
The Township is now able to provide budget data through OpenBook in an easy to use format using charts, graphs and maps.
MAYOR BYLSMA STATED:
“I’m really pleased with the work and negotiations that our staff and Council put in to this budget. It responds to a most challenging year and reflects a balance between service and affordability. The addition of a hospital levy allows us to meet our commitment to this rebuild alongside our municipal and regional counterparts. It includes a long awaited restart of our tar and chipping program on some of our gravel roads”.
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