April 14, 2021
Local Journalism Initiative Reporter
At their April 7 meeting, South Algonquin council discussed some amendments to the draft budget that was presented at the March council meeting. After a brief presentation by Holly Hayes, the CAO/clerk-treasurer, and a discussion by council, Hayes concluded by saying that despite the changes since March, the budget had stayed the same and the proposed mill rate increase remained unchanged at one per cent. Later on in the meeting, council passed the bylaws to bring the 2021 budget into effect.
Hayes had given a detailed presentation to council of the draft budget during the March 3 council meeting. Overall, the 2020 township levy was $2,432,806 while they require a levy of $2,457,135 to balance the budget for 2021. That difference amounts to $24,329, which would necessitate a one per cent tax increase. With that one per cent increase, a property with a CVA of $150,000 would see an increase of $13 a ye