Council approves 2024 Small business System and Spending plan

Saugeen Shores Council has authorized the Town’s 2024 Business Plan and Funds, together with a very long-expression asset management system designed to be certain the Town’s infrastructure is effectively funded, taken care of, and changed, as necessary.

Council read from senior administration over two lengthy working day-prolonged sessions to arrive at the company prepare and spending budget.  Through the deliberations, management was asked to regulate expenses to mirror the community’s long run wants.

The overarching themes of the 2024 plan incorporate:

  • Incorporating comprehensive asset management into the Town’s very long-phrase fiscal organizing.
  • Using proof-based forecasting to better regulate finances and assets, defending the organization from economic uncertainty and making ready the municipality for development.
  • Balancing resident requirements with charges to simplicity financial pressures though preserving fiscal accountability.

The 2024 price range proposes an maximize to the tax levy that would deliver the blended rate (Municipal/County/Training) to 4.99%, restricting the improve to $17.25/thirty day period for the median-assessed Saugeen Shores household.  This improve will fund sources to keep support levels for operations as properly as continue to keep the Town in a wholesome money place.  A BMA Management examine shows Saugeen Shores’s residential tax amount is in the lower-to-medium variety for similar-sized municipalities in Ontario.

“This system, for both of those operations and capital assets, is a comprehensive roadmap for where we are and where by we want to get to as a neighborhood,” reported Mayor Luke Charbonneau. “Affordable housing, natural setting and quality of lifetime are all dealt with with the taxpayer in head.  I am confident we are very well on our way to securing the long-phrase foreseeable future for Saugeen Shores.”

Highlights of the 2024 Business Plan:

  • Aquatic & Wellness Centre: Full start out to the facility’s design, alongside with activation & changeover setting up to correctly open up the centre in 2025. 
  • H2o and Wastewater Procedure Financial investment: Multiple initiatives to enhance and develop the Town’s infrastructure to get ready for foreseeable future advancement. 
  • Very affordable Housing: Protecting fiscal aid for those who require housing help when applying policies to bring reasonably priced housing jobs to current market quicker.

  • Environmental Priorities: Suite of jobs throughout departments and divisions to preserve and shield the Town’s Natural Heritage, which include creating the Tree Canopy Plan, developing on the good results of the FoodCycler pilot plan, as perfectly as Learn Arranging for 3 big group parks.

  • Community Planning: Various initiatives to capture and retain the community’s character, like a new style and design for Southampton’s Large Avenue and a Cultural Heritage Grasp Strategy. 
  • Financial Planning: Operating with our neighborhood companions on a Location Advancement Strategy, as properly as $50K for the Saugeen Sparks Coaching Centre. 
  • Excellent of Life: Earning menstrual solutions readily available for cost-free at the Plex, the Coliseum and the Centennial Pool. 

For the to start with time, the City is basing its price range on a 10-year Asset Management Program (AMP). This Provincial legislatively required document information main belongings (e.g. roadways, bridges, h2o & wastewater, etcetera.), which will let the City to forecast individuals assets’ lifecycle a lot more correctly, alongside with their prices. The Business Plan also consists of a Foreseeable future Infrastructure Particular Levy to guidance the Town’s 10-Yr Funds Prepare.  This levy signifies a $4.08/thirty day period improve for the normal Saugeen Shores house.

Council will now pass the necessary By-legislation to employ the 2024 Small business Plan and Funds on January 8, 2024.

You can study the proposed 2024 Budget and Company Plan Right here.

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