Township of Drummond North/Elmsley Approves 2025 Budget
At its meeting on December 10th, 2024, Township of Drummond/North Elmsley Council gave final approval to its 2025 budget. The 2025 budget translates to a 5.9% residential tax rate increase.
This fiscally responsible budget allows the municipality to maintain the services the community relies on while working to finalize the long-term plan in 2025 for maintaining, repairing and keeping all assets in good working condition. This approach will ensure that the Township remains well-positioned to meet current needs while preparing for future requirements.
A 5.9% residential tax rate increase equates to an approximate increase of $75.35 on a residential property that is assessed at $300,000.
The total 2025 tax requirement of $5,593,856 is $405,416 more than was required in 2024.
The largest operating budget pressures the Township faces for 2025 include the annual bridge loan repayment; increased compensation and benefit costs for staff; increased fire service costs, increased policing services, additional funds to reserves and reduced revenue from Provincial Offences Act offences.
Capital projects for 2025 include:
- Road Design & Engineering – for future construction projects $170,000
- Spot Paving & Crack Sealing – throughout the Township $140,000
- Generator Repairs/Installation $60,000
- Street Light Installation $10,000
For further information, please visit www.dnetownship.ca
For further information contact:
Angela Millar, Treasurer
Township of Drummond/North Elmsley
310 Port Elmsley Road, Perth, ON, K7H 3C5
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613-267-6500 x 215