Council has approved the 2016 Budget and Tax Rates. The Township taxation levy for 2016 is $4,573,838. This a 4.22% increase over the 2015 Levy. This levy supports Capital expenditures of $3,691,929 and Operating expenditures of $5,884,333. The balance of funds to support expenditures is coming from User Fees ($1,064,400), Reserves ($2,042,917) and Grants/Other ($1,913,107).
Taxation on a typical residential property assessed at $256,000 will be $2,775. $1,227 represents the portion directed to the Township to support the various programs and services. The following charts provide some additional detail on breakdown of the typical property tax bill.
The budget process is open to the public and all documents have been posted to www.ezt.ca/budget