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CLARENCE-ROCKLAND ADOPTS 2022 BUDGET
Le budget 2022 de Clarence-Rockland a été modifié pour ramener l’augmentation du taux d’imposition de 4,09 % à 2,95 % —photo d’archive
CHRISTOPHER SMITH christopher.smith@eap.on.ca
operating budget called for a 4.09-per-cent tax increase, but after further consideration, this was lowered to a 2.95-per-cent increase. Originally, the tax rate was supposed to increase by 4.09 per cent, but after some dis- cussion during last month’s committee of the whole council session, this was revised down to a 2.95-per-cent increase. This was done by cancelling planned increases to several reserve funds: the economic development
reserve, the equipment reserve, the fleet reserve, and the building reserve. This 2.95-per-cent increase represents an additional $62 in property taxes for a home valued at the average of $310,000. The operations budget estimates a total of $45,660,059 in revenue for 2022, with an estimated $46,311,776 in expenses to be offset by $651,717 in taxes. This means that the revenue and expenses will match up
exactly, assuming everything goes according to the estimates for revenue and expenses. The capital budget estimates a total of $6,931,831 in expenses for a variety of services, including $20,000 for the library, $270,000 for various municipal building and park expenses, $435,000 for public works, $882,500 combined for sewer and water, and $4,406,846 to be invested into the township’s roads.
Clarence-Rockland’s 2022 budget was amended to bring down the tax rate increase. During its regular meeting on December 6, Clarence-Rockland council voted to approve the 2022 operating and capital budgets with a total amount of $53,243,607. The draft
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