Huron-Kinloss council has approved the 2014 budget with an average residential tax increase of 3.2 per cent.
The budget came forward Monday night (March 18) and received final approval.
In her report, treasurer Jodi MacArthur explained that the 2014 budget contains $6.15-million in operating expenditures and $2.64-million in capital expenditures.
After revenues and transfers from reserves were applied, the township had to levy $5,831,205, an increase of 6.63 per cent over the 2013 levy.
In order to raise these funds, the residential tax rate was set at 0.00515070, a 1.5-per-cent increase over 2013's tax rate. The total residential tax rate, which includes municipal, Bruce County and education taxes, is set at 0.01100869, a 0.57-per-cent decrease from the 2013 rate.
"Once again, the budget was developed with every attempt to meet the needs of the community while maintaining affordability," states MacArthur. "Growth and reassessment helped off-set a loss in provincial funding and rising operating costs."
According to the Municipal Property Assessment Corporation (MPAC), the average value of a residential single family home in Huron-Kinloss, is $242,762, an increase of 3.89 per cent.
The average residential single family home paid $1,186.89 for the municipal share of property tax in 2013. Applying the 2014 tax rate, that amount would increase by $63.50, to $1,250.39.
Combined with the county and education tax rates, the average property owner can expect an increase of 3.2 per cent, or $82.80, overall.
The township also improved the following increases to user fees:
Water service (all areas) - to $350 from $325
Waterworks distribution rate (Lucknow and Ripley) - to $175 from $125
Sewer service rate (Lucknow) - to $310 from $290
Sewer service rate (Ripley) - to $225 from $190
Road work takes up the majority of the capital budget, including the following projects:
Lakeshore area - Hill Street, Pine Street, Birch Street, Emmerton Place (watermain and road reconstruction), $695,750
Ripley area - Malcolm and Blake Streets (watermain and road work), $372,000
Lucknow area - Campbell Street reconstruction, $225,000; and in partnership with Bruce County Highways, installing new watermain, storm drainage, sidewalks and paved boulevards between Havelock Street and Washington Street, total cost of project is $685,000, with township's share estimated at $225,000
Paving and resurfacing - Kairshea Avenue, William Street (Ripley), Kinlough, Wolfe Street, Guest Avenue, $715,000
Bridge rehabilitation - Concession 6 East, $264,000