At the regular meeting on February 16, 2023, Perth County Council adopted the 2023 Capital and Operating budgets in principle following presentations from staff.
The 2023 budget was adopted in principle with a 9.06% increase to the levy in the total amount of $19,765,573 - an increase of $1,642,517 from 2022. The 2023 taxable assessment in Perth County from 2022 will cover 2.54% of the levy with the remaining 6.52% being the levy increase directly related without the Countyâ€™s 2022 assessment growth.
â€śWe are excited to begin the new term of Council with strong support for program delivery for our region.â€ť said Warden Rhonda Ehgoetz. â€śCounty Council has done an efficient job reviewing and reaching a decision with an approved budget.â€ť
â€śI am happy with the outcome of the 2023 budget review.â€ť said Corey Bridges, Manager of Finance / Treasurer. â€śCouncil balanced the needs of the region while using reserves and understanding the County faces the same external fiscal pressures as the other municipalities across Province such as inflation and the continued decrease in OMPF (Ontario Municipal Partnership Fund) funding.â€ť
â€śWe appreciate the support of Council though the 2023 budget. This year marks a new term of Council and staff look forward to continuing the excellent work delivering programs and services to the region.â€ť said Lori Wolfe, Chief Administrative Officer (CAO). â€śAll staff across the Corporation continue to work hard to deliver on a variety of major projects and key initiatives.â€ť
About the Budget:
The annual budget is informed by the Business Plans and Capital and Operating Budget presentations delivered by each department over the course of several Council meetings. Budget items and key initiatives are informed by the 5 strategic plan goals as outlined in the 2019-2022 Corporate Strategic Plan, which include: Growth and Economic Development; Regionalization and Service Effectiveness; Customer Service Excellence; Community Development and Planning; and Corporate Sustainability. In 2023, the County will be undertaking a refresh of the Corporate Strategic Plan to identify changes or emerging priorities since its creation in 2018.
For a detailed budget breakdown, visit www.perthcounty.ca/finance.