Erin Council approves 2.9% property tax levy for 2022

Date: Dec 16, 2021

For Immediate Release                                                                                                      December 16, 2021

 Erin Council approves 2.9% property tax levy for 2022

ERIN, ON: Erin Town Council today approved Budget 2022 and a 2.9% or $223k increase in total town property tax levy for next year. A 2.9% tax rate increase translates to approximately $52.99 annual increase in taxes for an average residential home assessed at $600k. Similar to past years, the tax levy for 2022 continues to remain lower than the rate of inflation.

The Town of Erin’s total Budget for 2022 is $45.9 million, consisting of $13.3 million in operating budget (maintenance, utilities, salaries and reserves) and $32.6 million in capital budget (major repair and purchase, replacement of assets such as roads, bridges)

Highlights

• $920k towards Roads Maintenance
• $975k towards Fire and Emergency Services
• $726k towards Parks and Recreation operations
• $297k towards Economic Development

Some of the Capital Projects identified and recommended for 2022 include:

• Hillsburgh Community Centre
• Bridge 5 (2nd Line South Erin)
• Water Meter Replacement (not part of property tax levy; funded from water reserves)
• Water Capital Equipment (not part of property tax levy; funded from water reserves)
• Wastewater treatment plant  and collection system (not part of the property tax levy; funded through the financial agreements with the development community)

Quotes

I am proud that we have been able to keep our taxes lower than inflation even though cost of living continues to increases. Staff worked hard to bring forward a balanced budget that continues to deliver value for our tax dollars while making strategic investments that are needed to move us forward.

- Mayor Allan Alls

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The Town of Erin is home to nearly 12,000 rural and urban residents. It is focused on achieving stable growth and long-term sustainability, while creating a prosperous, healthy, environmentally progressive, livable, and inviting community through well managed municipal services, programs, assets and amenities.