Latest / North Shore News / Residential property taxes to jump 6.98% in Loyalist Township
Transcript
- 0:00residential property taxes are set to jump 6.98% in Loyalist Township with its 2025
- 0:07budget on the way. The third and final meeting regarding the draft budget took place this
- 0:11week with the final budget expected to be adopted on December 10. The increase in residential
- 0:16property taxes comes from a $23.57 million levy requirement within the budget. Treasurer
- 0:22and director of finance Shelly Steadall explains the increase.
- 0:26The levy requirement is a $23.5 million, which is a $2.1 million increase over 2024.
- 0:34And that increase in just the levy is a 9.9% increase. Now, when we apply the market value
- 0:41assessment that's levied by MPAC, we come up with just a residential township tax rate that would be
- 0:46re increasing year over year 6.98%. So 6.98% is the tax rate increase that would people would
- 0:55actually pay on their tax bill or just the township portion of their taxes. That's how much it would
- 1:00increase at the current proposed 2025 draft budget. The budget also includes funds for local
- 1:06transportation services, including $1.4 million for Amherst View Transit and $7.9 million for the
- 1:12Amherst Island Ferry. Capital projects will receive nearly $9.5 million to address infrastructure
- 1:17needs. Staff noted they will be making an application to the Green Municipal Fund to fund
- 1:2180% of a feasibility study estimated at $150,000. They will also be applying to the Township Community
- 1:28Grant Program to fund the remaining 20%. Councillor Carol Parks spoke about the impact of the
- 1:32township's physician recruitment program. In 2023, Council approved the establishment of the program
- 1:39to try to recruit family physicians, which was for $100,000 per physician over five years.
- 1:45Ideally, we had budgeted one additional physician every year, and that was to come out of operating
- 1:52and initially $60,000 was applied for from the Community Grant Fund. We were fortunate, I would
- 1:59say, in that we got three physicians in the first year, not just one. And so we have committed
- 2:03through agreement to fund for three physicians who have taken over for retirements at the Loyalist
- 2:09Family Health Team in Amherst View, which we're very fortunate that those patients did not lose
- 2:14their family physician. That only leaves us 20,000 in the budget. So initially, if Council wanted
- 2:19two additional physicians coming up, it would be an additional 40,000 on that. But staff made the
- 2:25cut and so removed one of them. So right now the budget currently includes $20,000 for an additional
- 2:32physician in 2025 to be able to pay for the recruitment of one more in 2025. So the $20,000
- 2:39savings is for what's currently in the budget to be able to offer the physician recruitment
- 2:45incentive program. Corporate communications manager Trevor Cornelius explains the importance of public
- 2:51input. We've had those conversations with the finance team and the communications team. I think
- 2:55going into next year, there's a broader range of tools that we can incorporate and use with this
- 3:00platform, such as like participatory budgeting and having budget sliders so people can identify or
- 3:06allocate preferences in terms of how they would like to see funds allocated. So I think there's
- 3:12more opportunities to have resident impact on those results because yet it is easy to say
- 3:16you don't want the taxes affected, but sometimes there's choices that have to be made
- 3:20and it'd be nice to involve residents in that process as well.
- 3:23Councilor Paul Proderick spoke about wanting to see more public input in the future.
- 3:27The results are tilted in one direction, obviously. So nobody wants the taxes to go up,
- 3:31obviously, but give them that section to say, well, what would you cut? Because I think that's
- 3:36the central issue here is nobody wants their taxes to go up and it's easy to say, right? But
- 3:41what are the alternatives for the general public? And that's something I'd like to see down the road.
- 3:46For Amherst Island Radio and the Local Journalism Initiative, I'm Ted Evans. This is North Shore News.