The draft budget, which covers everything from capital to operating costs comes in at $214.5 million dollar overall budget with $52.4 million proposed for capital budgets.
OXFORD COUNTY - Budget deliberations continue at Oxford County council.
Warden Larry Martin says they won't over the numbers last Thursday and today is the day when councillors can propose changes.
"At the end of the day if they feel there is going to be some notices, motions coming forward with regards to any deletions or additions, so by the end of the day, hopefully, we will know where we're at as far as what the final number may be prior to our final meeting on January 9th."
Martin says the budget did not change after Thursday's meeting.
"We started at 9 in the morning and we finished around 3:30 in the afternoon and it was mostly questions on Thursday, no deletions or additions at that point in time."
The 2019 Business Plan and Budget Draft proposes a general levy of 59.4 million dollars, which would mean an increase of 5.8% over 2018.
With the County’s property tax assessment base growing by $30 million to an estimated $308.8 million, the average single family detached residential property valued at $263,813 would see municipal taxes increase by $20 for the year if the budget is approved.
The overall draft budget is currently set at $214.5 million dollar overall budget. $52.4 million would be invested in capital projects. Crockett says staff have looked at a lot of factors to create this draft budget.
The budget process will continue again today and then will have a final reading in the New Year. You can read more about the budget online here.
PJHL Preview - Oct 2nd and Oct 3rd
Navy Vets Preview - Oct 2nd to Oct 4th
Woodstock Chamber Hosts Candidate Open House
Norwich Business Owner Shares Development Charges Dilemma
Mock Emergency Drill Hosted in Tillsonburg
Thefts Under Investigation in Tavistock
New Family Doctor Coming to Woodstock
Oxford MP Talks New Role and Town Hall
Fall Fest Returns to Downtown Norwich
Operation Full Plate in Oxford County
Cyclist Killed in Thames Centre Crash
Minimum Wage Increases in Ontario
Tip Tuesday with the Oxford OPP - September 2026
Suspect Wanted in Dirt Bike Hit and Run
Stelco to Lay Off Hundreds of Workers
National Day for Truth and Reconciliation in Oxford County
A Record Breaking Hike for Hospice in Woodstock
Flu Season Begins in SWPH Region
Interview with a City Councillor - September 28th, 2026
OCFA Debate in Embro Tonight
Comments
Add a comment