The Township of Drummond/North Elmsley Council has approved its 2025 budget, which includes a 5.9% residential tax rate increase. The decision was made at a council meeting on December 10, 2024.
For homeowners, this means an estimated $75.35 increase in taxes for a property assessed at $300,000. The total tax requirement for 2025 stands at $5.59 million, marking a $405,416 rise from 2024.
Council says the increase is necessary to maintain essential services and prepare for long-term infrastructure needs. Key budget pressures include repaying a bridge loan, higher staff compensation costs, increased fire and policing expenses, and reduced revenue from provincial offences.
The budget aims to ensure sustainable operations while working on a 2025 asset management plan. Officials say this approach positions the township to meet current demands and plan for future challenges effectively.
Residents can expect investments in service quality despite the tax hike.
