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Community Divided Over Borrowing From Legacy Fund

Norfolk County, ON, Canada / NorfolkToday.ca Feb 2, 2021 8:50 AM It appears the community is just as divided on borrowing from the Legacy Fund as Norfolk County Councillors. Today at Town Hall, our elected officials will decide if they will borrow $5-million from the fund to keep the tax burden down this year or if the residents will pay a higher tax increase for 2021 but the funds will remain in place. The recommendation from staff right now is that our elected officials will borrow $5-million from the multi-million dollar account which will lower a proposed 7.7 per cent tax increase down to a 3.3 per cent tax increase on the average home.

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