Springwater council holds the line on taxes, citing COVID-19 hardships

·1 min read

Cognizant of the financial hardships and challenges brought on by COVID-19, Springwater council has approved a zero per cent property tax increase in the 2021 budget.

Residents will not see an increase on next year’s tax bill, since the County of Simcoe also flat-lined its budget and the education rate is expected to remain neutral.

Springwater’s 2021 budget includes expenditures of $44.4 million, which includes $21.3 million in operating expenses, $18.6 million in capital expenditures, $2.8 million for water operations and $1.7 million for wastewater operations.

The budget was tabled with a 1.8 per cent increase, but township staff deferred some capital projects and found efficiencies. Service levels will not be impacted, a township media release said.

“Council is providing relief to property owners’ and allowing them to better weather these uncertain times,” the release states.

The budget includes $2.6 million for Springwater Fire Station 2, which will be built at the corner of Bayfield Street and Snow Valley Road, as part of the new community hub.

Springwater residents will also see road, traffic and other infrastructure improvements.

To learn more, visit springwater.ca/budget.

Rick Vanderlinde, Local Journalism Initiative Reporter, Barrie Advance