Council Receives First Draft of 2020 Budget

Date: Nov 27, 2019

For Immediate Release,

November 27, 2019

At the November 19th, 2019 Special Council Meeting, Council of the Town of Erin received the first draft of the 2020 Budget and 2021 to 2023 forecasts.

The first draft of the Operating Budget represents a prudent and responsible approach to how tax dollars are spent in the Town of Erin.

In addition to receiving the first draft of the 2020 Budget, the Town of Erin held three public consultation sessions, on November 19th, November 20th, and November 21st, which allowed residents to provide further feedback on the 2020 Budget.

Key highlights identified in the First Draft 2020 Budget are:

• 2% tax-rate increase or a $29.57 increase for a residential property assessed at $500,000;
• A reduction of $31 to 1,940 properties, currently paying towards the Special Area Charge for streetlights;
• $2.4m for necessary renovation and emergency response equipment at Erin Community Centre, dependent on the Town receiving a grant of $1.8m;
• $600,000 for Structure Rehabilitation - Replacement of Culvert 2059;
• $450,000 to replace Fire Tanker 57, as the current Tanker 57 is over 30 years old; and
• $127,000 for necessary renovations at the Hillsburgh Community Centre.

Residents are encouraged to continue to stay involved in the 2020 Budget process by joining the Town's Telephone Town Hall on November 27th at 7:00 PM, by attending the 2nd Draft 2020 Budget Council and Public Consultation Meeting on December 3rd at 7:30 PM, and by attending the December 17th Final 2020 Budget & User Feed By-law Presentation at 7:30 PM.

For more information on the 2020 Budget, please visit the Town of Erin's website:
www.erin.ca/town-hall/budget-and-financial-statements/budget-process