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Collingwood Budget 2019

Posted by SellingCollingwood on March 28, 2019
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The Town of Collingwood 2019 Budget was passed March 25th at the council meeting.

The 2019 budget is comprised of $60.1 million in operating expenses, which accounts for the costs required to provide services (such as transit, recreation and roads), as well as staffing and administrative costs.

Total capital expenditures approved for 2019 come in at $32.9 million. Capital expenditures relate to projects and expenses where the benefits can be seen over many years, including facilities, vehicles, and parks. New infrastructure in Roads, Public Transit, and Parks and Recreation are significant capital expenditures for 2019.

Highlights from the Budget

  • The municipal portion of property tax bill will increase by 1.12%.  (For the average residential property assessment of $314,595, the municipal portion of taxes will increase by approximately $25.)
  • $3M for traffics lights at High & Third St.
  • $1.1M for turning lanes at Hurontario & Lockhart.
  • $200,000 for Sunset Point Enviropark replacement – currently in design phase with opportunity for public input.
  • $320,000 for Harbourview Park Splash Pad – currently in design phase.
  • $4.3M for Stewart Road Reservoir
  • $3.6M for upgrades to Black Ash Pumping Station.
  • $560,000 for Transit bus replacement.

There are several million dollars not yet allocated including;

Resources:

Draft Budget 2019

Budget as passed March 25th

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    CLAIRWOOD Real Estate Corporation, Brokerage

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    CLAIRWOOD REAL ESTATE CORPORATION, Brokerage
    306-10 Keith Ave.,
    Collingwood, ON
    L9Y 0W5
    Tel: 705-445-7085
    Toll Free: 1-877-445-7085

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