Home /Bobcaygeon Road project out of budget
News3 March 2021
By Chad Ingram
Minden Hills councillors removed the reconstruction of Bobcaygeon Road from the township’s 2021 budget during their fifth and final round of budget deliberations on Feb. 25.
Council has landed on a tax levy increase for the year of 3.75 per cent, which equates to a residential tax rate increase at the lower-tier level of 2.6 per cent. This equates to an increase of $11.47 for every $100,000 of assessment, assuming a property has not experienced a change in assessment since 2020.
For commercial properties, that would mean an increase of $17 for every $100,000 of assessment. Residents will have a chance to weigh in on the draft budget during a March 11 meeting.