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New Tecumseth faces largest tax hike in NVCA draft budget

Posted October 30, 2018

The NVCA's draft budget projects its 2019 expenditures to be $4,928,748, an increase of $184,600 over last year, most of it attributed to a three per cent increase in wages and benefits. To fund the hike, the NVCA would levy $2,463,029, up $176,586 over last year.

New Tecumseth's share of the proposed levy is $325,395, an increase of $33,455, the most among all 18 member municipalities. Barrie's share of the total levy is highest at $379,596, an increase of $25,316 which is second to New Tecumseth.

Essa's share of the levy is $171,281, an increase of $17,260; And Adjala Tosorontio's share is $103,263, up $5,656.

Wages and interprogram charges are pegged at $3.78 million, up from $3.5 million. To make up the difference, the NVCA reduced transfers to reserves by one per cent drop, and materials purchases by two per cent. That includes a $17,100 reduction to purchase trees. An additional $5,000 has been added for consultants raising the amount to $149,500.

The draft budget will now be circulated to the municipal partners through to Feb. 22, 2019 while new councils take their place. The NVCA board of directors is scheduled to vote on a final package March 22.

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All stories, unless otherwise noted,
by Tony Veltri