District Passes 1.54% Tax Increase
District of Muskoka council signed off on their budget during their most recent meeting.
As a result, District taxpayers can expect to see a 1.54 per cent tax increase on the District portion of their municipal property taxes in 2019. That translates into an impact of approximately $13.30 for a property valued at $300,000 in Muskoka.
District Council approved a $124,831,006 million tax-supported operating budget during the meeting with a focus on maintaining existing services and service levels across the District, while continuing to invest in transportation infrastructure, affordable housing, long term care and other council priorities.
Big projects on the horizon include $1.46 million to fix the airport apron in 2021, two new community services offices for Huntsville and Bracebridge have also been budgeted at $1.2 million and $1.4 million for 2020 and 2026.
As always, roads take up the majority of the capital budget. Over the 10-year capital forecast period, the roads component of the capital budget accounts for $187.8 million of the $224.3 million in planned capital expenditures, or 83.7% of the total 10-year capital expenditures.