During its regular meeting on December 6, Clarence-Rockland council voted to approve the 2022 operating and capital budgets with a total amount of $53,243,607. The draft operating budget called for a 4.09-per-cent tax increase, but after further consideration, this was lowered to a 2.95-per-cent increase.
Originally, the tax rate was supposed to increase by 4.09 per cent, but after some discussion during last month’s committee of the whole council session, this was revised down to a 2.95-per-cent increase. This was done by cancelling planned increases to several reserve funds: the economic development reserve, the equipment reserve, the fleet reserve, and the building reserve.
This 2.95-per-cent increase represents an additional $62 in property taxes for a home valued at the average of $310,000.
The operations budget estimates a total of $45,660,059 in revenue for 2022, with an estimated $46,311,776 in expenses to be offset by $651,717 in taxes. This means that the revenue and expenses will match up exactly, assuming everything goes according to the estimates for revenue and expenses.
The capital budget estimates a total of $6,931,831 in expenses for a variety of services, including $20,000 for the library, $270,000 for various municipal building and park expenses, $435,000 for public works, $882,500 combined for sewer and water, and $4,406,846 to be invested into the township’s roads.
