Council approves 2014 Budget

Cobourg, ON – January 29, 2014 – At today's Northumberland County Council meeting, Council voted unanimously to approve the 2014 County Budget. Originally presented to Council for consideration at the December meeting, the budget calls for a 2.5 per cent increase in the County levy after property assessment growth, consistent with the County’s 10-Year Financial Plan. This is the fourth consecutive year with a stable levy increase after more than a decade of volatility in the County tax rates.

"As noted in December, this budget focuses on delivering public infrastructure, waste management, health and social services for the seven communities of Northumberland County," stated County Director of Finance and Treasurer Jennifer Moore. "Thanks to a budget process that emphasizes long-term planning, the needs of County residents continue to be met within a framework of long-term fiscal sustainability."

Highlights from the $98.7 million budget include:

  • Development of the Ontario Agri-food Venture Centre
  • Building upgrades for County Social Housing
  • Rehabilitation and treatment efforts to improve the County’s 503km road system
  • Container line upgrades at the Materials Recovery Facility (MRF)

Approximately 48% of 2014 costs will be addressed by the levy, with remaining costs financed through government grants and subsidies, and County revenue-generating activities such as property leasing, and sale of recycled materials from the Materials Recovery Facility (MRF). For detailed budget information, visit the County website at http://www.northumberlandcounty.ca/en/departments_countyadministration_corpservices/2014Budgets.asp

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