Additional increase in latest draft of county budget
|By Mark Arike - Staff Writer | August 13, 2015
The County of Haliburton’s projected tax increase is now 2.91 per cent instead of 2.66 per cent due to some amendments in the most recent draft of the 2018 budget.
The impact to residential property owners is $6.46 per $100,000 of assessed property value, up $1.31 from the original figure. An additional $50,000 was added in the third draft to hire a consultant to create an implementation plan for the transportation project and an extra $100,000 was earmarked for reserves. There was a reduction of $38,000 in Municipal Property Assessment Corporation (MPAC) expenses, due to the fact treasurer Elaine Taylor misread information about MPAC’s budget increase.
The tax levy is increasing $1,025,000 from 2017 to $16.56 million, up 6.6 per cent instead of 5.88 per cent as previously reported. The budget will come before council on Feb. 28 for approval.
MARK ARIKE is a reporter for The Highlander.