The average residential ratepayer in South Dundas can expect to pay an additional $15.47 on the municipal portion of their property taxes.
The average residential home in South Dundas is valued at almost $160,000.
By the end of South Dundas council’s second meeting to deliberate the 2013 budget, the group’s decisions mean that an additional $241,400 is needed for the municipality’s operations and priority capital projects.
In the second day of budget deliberations council made some further cuts to their donations budget and cut the purchase of two pickup trucks.
However, they also decided to add in funds for a major project in the Morrisburg (Industrial) Business Park, that will extend Campbell Street north and east, opening up commercial land for development.
In this budget, council is setting aside funds for repaying the debt that will be incurred through the Morrisburg Collegiate Institute redevelopment project and funds for impending landfill expansion and closure costs.
“I think this is a reasonable budget,” said South Dundas mayor Steven Byvelds at the conclusion of deliberations. “We did some long term planning.”
The Counties portion of the residential tax bill is also increasing. Last month counties budget deliberations resulted in a $16 increase to the average residential ratepayer.