Gravenhurst Operating Budget Comes In With 1.8% Increase
At Wednesday’s Special Budget Meeting, Gravenhurst Council unanimously approved the 2019 Operating Budget which results in a 1.8% tax increase.
The Town says homeowner’s tax bills will go up by $8.20 per $100,000 of assessment.
Val Sequeira, director of corporate services and chief financial officer says “The Town of Gravenhurst accounts for only 36% of an urban property tax bill and 47% of a rural property tax bill. After taking into account the District of Muskoka and the education share of the tax bill, Gravenhurst residents will see a consolidated tax rate on their property tax bills that is virtually unchanged from 2018. The main reason for this is that the education share of the tax rate continues to decline across Muskoka,” she said.
Taxes pays for services such as the fire dept., snow clearing, road repair, recreation services, library operations, by-law enforcement and community events. It also ensures repair and replacement of Town assets which include roads, parks, sports fields, buildings, docks and vehicles.
Full details of the approved 2019 budget can be found at www.gravenhurst.ca/budget .