Finance Director Julie Ménard-Brault presented the preliminary version of the budget during Wednesday’s regular session of UCPR council.
“The last five years have had an impact on our 2020 budget (plan),” Ménard-Brault said, warning council that there may be little room for adjustment.
The budget draft proposed a 3.3 per cent tax increase for 2020, to cover daily operation costs, proposed capital projects, contracted salary increases for UCPR employees, and other expenses.
For the average homeowner in the Prescott-Russell region that would mean about a $36 increase in property taxes on a house valued at about $267,000.
Ménard-Brault noted that finance department staff exercised caution in projecting provincial revenue for the budget, because of past cuts by the Ford Progressive Conservative government in social service and other municipal programs support. The provincial government has indicated it may look at more revisions to municipal funding support formulas.
UCPR council directed the finance department to find ways to reduce the tax increase for the 2020 budget to three per cent. Staff will present the revised budget plan at council’s November 13 session.