Oro Medonte council has given the final nod to this year’s budget with funds set aside for infrastructure renewal.
The 2019 budget is 3.99% higher than last year, representing an approximate $105 increase to the tax bill on a home valued at $300,000.
The Township says it is investing an additional 4% of this year’s budget to an infrastructure renewal reserve fund, to go towards such improvements as bridges, roads, and municipal buildings.
“Planning for future infrastructure initiatives, while maintaining fiscal responsibility, was a significant focus during the preparation of the 2019 budget.” says Oro Medonte Mayor Harry Hughes, “Throughout the budget process, Council and staff took into consideration current economic challenges and limitations that impact the taxpayers of Oro-Medonte. The budget is responsible and appropriate, while striking a balance between expected service levels and investing in infrastructure renewal.”
Highlights of the 2019 budget include:
- $4.3 million for roads and bridge construction projects
- acquisition of 3 new tandem snowplow trucks and a loader
- funding allocation for construction of the new Shanty Bay Firehall
- acquisition of new fire pumper truck and tanker truck
- replacement of extrication equipment at Fire Station 1
- replacement of backstop fencing at the Lions 1 and 2 ball diamonds and fence repair to Ravines of Medonte
- completion of landscaping at Danny McCue Park
- phase one implementation of community/wayfinding signage program.
- initial work to integrate Zone 1 water customers in Horseshoe Valley onto the Township’s user-pay water system