Z-genericnewsheadertreecover.jpg

Orangeville Council approves 2020 budget

Dec 18, 2019 | Finance | General

The Town of Orangeville’s 2020 budget was approved at the December 16 meeting of Orangeville Council, with a 1.5 percent increase to the net tax levy.

The consolidated budget of approximately $60 million requires $36.6 million in net tax levy before assessment growth. This represents a $1.01 million (2.85 percent) increase from the 2019 levy requirement. Factoring in real assessment growth from 2019 of 1.35 percent (or $480,000), the net levy requirement for the 2020 consolidated budget is $36,137,361 which equates to 1.5 percent from 2019.

The result of the 2020 budget will mean that a median household will likely see a decrease in the Town portion of their tax bill. If the changes in your property value are higher than the median change in your property class your taxes payable may be higher than the approved property tax increase. Similarly, if the changes to your property value are lower relative to the median change in your class, you may see a reduction in your taxes payable.

Orangeville Mayor Sandy Brown says the 1.5 percent tax levy increase is below inflation and reflects some hard work by Town staff to ensure the continuation of services and keeping a tight rein on expenses. “Some of the key projects approved in this year’s budget are new sidewalks on Broadway to improve accessibility and the streetscape for residents and tourists. Other important expenditures include a one-year contract position in the clerk’s office to accelerate the much-needed review and overhaul of some of our key bylaws in 2020. Funds have also been dedicated to improving digital engagement through a new website and mobile app. Improved communication will provide more current and relevant information to residents, businesses, tourists and prospective businesses looking to move to Town. Our website will become a sought after resource for all Town departments and events in Orangeville.”

Capital projects account for $2.6 million of the net levy. Many of the approved capital projects will be spread over the next two to three years. Some of these include:

  • New fire hall ($10 million over three years – 2020 approved funds will cover design and site preparation) – in 2020, $2.4 million from debt financing and $580,000 from development charge reserves
  • Environmental assessment for a new well ($5.1 million over the next two years) – in 2020, $510,000 from water reserves
  • Water meter and building upgrades ($4.37 million over two years) – $465,000 in 2020, fully funded from water/wastewater rates
  • Reconstruction of Centennial Road ($4.4 million over three years) – in 2020, $250,000 from four funding sources: debt financing, water/wastewater rates, general reserves and tax levy
  • Anaerobic digester at water pollution control plant ($3.3 million over two years) – $330,000 in 2020 funded through water/wastewater rates
  • Eco Chill (heating and cooling system) at the Alder Recreation Centre ($2 million in 2020) – $1.8 million from general capital reserves and the remainder from tax levy
  • Broadway boulevard brick rehabilitation – Wellington to John Street ($900,000 in 2020) – $92,900 from general capital reserves and the remainder from tax levy
  • Fire truck ($800,000 in 2020) – $237,000 from fire fleet reserve, remainder from tax levy
  • Corporate-wide digitization ($325,000 in 2020) – 10 percent from corporate reserves, remainder from tax levy
  • Asset management plan ($250,000 in 2020) – $120,000 from tax levy, remainder from reserves
  • Trail development plan ($525,000 in 2020) – 10 percent from reserves, remainder from tax levy

Council added two items at the December 16 budget meeting -- $30,000 more for a metal roof at the animal shelter and $10,000 to upgrade to a three-stream waste separation system and add two more locations. Some deletions to the draft budget included the replacement of a police vehicle, a BMX pump track, and digital signage at the Visitor Information Centre.