Lakeshore Passes 2021 Budget
Wednesday November 25th, 2020, 2:47pm
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Lakeshore has passed the 2021 budget with a proposed 1.17% blended tax rate increase (2.71% municipal).
For the average residential property valued at $300,000, this translates to an increase of approximately $37.00 for 2021.
This budget continues to address our infrastructure and stormwater needs and reflects improvements throughout Lakeshore that we have heard requested by our residents and businesses,” said Mayor Tom Bain.
Major Capital Budget highlights include:
- Denis St. Pierre Wastewater Plant Expansion Design Construction $7.5M
- System Repairs and Maintenance to Wastewater Treatment Facilities$1.9M
- Reconstruction of Melody Drive in Lighthouse Cove $1.4M
- Stormwater Master Plan Phase 1 improvements $1.65M
- West Puce Road Watermain improvements $1.4M
- Railway Ave Watermain improvements $1.15M
- Approx. $1.2M for road resurfacing and surface treatments
- River Ridge Park Redevelopment $700,000
- Strong Rd Watermain Improvements $610,000
- Water meter replacement program
- $500,000Other Capital improvements include:
- High Water Flood Mitigation Measures
- Major and Lilydale Ave Reconstruction Engineering Design
- West Beach grading / Belle River Dredging
- Lighting retrofit project-at the Atlas Tube Centre