Town Of Essex Council Adopts 2022 Budget

Wednesday January 12th, 2022

Posted at 2:17pm

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Essex Town Council has adopted the 2022 budget in principle.

“The 2022 budget not only reflects efforts designed to achieve Council’s strategic priorities, but it also addresses infrastructure needs and improvements to services residents use regularly.” said Doug Sweet, Chief Administrative Officer. “I would like to thank the staff who have worked very hard to create a fiscally responsible and well-rounded budget to progressively move the town forward.”

The total budget includes $69 million in revenues, with $20.8 million allocated to capital projects and infrastructure upgrades.

A combination of reserves, grants, and long-term debt will contribute to fund these projects, along with an average increase to the total tax rate, across all four wards, of 1.69%, in line with inflation.

Budget highlights include:

  • $8.9 million for the Essex Streetscape Project
  • .$725K for reconstruction of North Malden Rd (between CR15 and Walker Sideroad)
  • $500K reserve contribution for the completion of the CR-50 trail system
  • $70K for completion of washrooms at the Harrow Splash Pad
  • $81K reserve contribution for the future development of Co-An Park

“The 2022 budget includes significant investment in key strategic projects throughout all areas of the municipality, while remaining fiscally responsible.” says Kate Giurissevich, Director, Corporate Services and Treasurer. “We believe the budget reflects the current priorities of Council and the residents while keeping property tax increases minimal.”

 

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