2023 Municipal Operating and Capital Budgets Approved
Township of South Stormont Adopts 2023 Municipal Operating and Capital Budgets
South Stormont, ON – On Wednesday, March 8, 2023, Council for the Township of South Stormont officially adopted the 2023 Municipal Operating and Capitals Budgets. The 2023 budget represents a 5% township tax rate increase from 2022.
“Every budget presents its own challenges,” said South Stormont Mayor, Bryan McGillis. “Certainly inflation has impacted the 2023 budget, but I am proud of the work Council and staff have done to maintain the level of service our residents deserve while maintaining a reasonable tax rate increase.”
With the United Counites of SDG applying a 3.72% tax rate increase in 2023, and the province implementing no change to the education portion of property taxes over 2022, residents in South Stormont can expect an increase of $46.28 per $100,000 in assessment value.
Some key projects and initiatives included in the 2023 budget, include:
- Parks equipment upgrades at Moulinette Island, Chase Meadows and Llyod Hawn Parks
- Road reconstruction projects in Rosedale Terrace (Marydale Avenue, Alguire Avenue, Joseph Street, Philip Street
- Communications system upgrade for Fire and Rescue services
- Long Sault Industrial Park Stormwater Management Pond
- Industrial Road Construction (45th Parallel Drive)