Oshawa tax payers to pay an average $52 more in 2017
Oshawa City Council has approved their 2017 budget, with an increase of 2.37 per cent. The increase works out to $52.63 for the average homeowner. Mayor John Henry says one per cent is going straight towards the city’s infrastructure deficit, but some of it may not have to be spent.
“Within this budget, there’s a lot of money that is going into infrastructure repairs in the city,” said Henry. “I think we’re being proactive and we’re prepared if there’s money that comes in from the provincial government this year…if the province comes out with their usual pre-election project dollars then we can look at extending the money we have in our reserves, so for us it’s a win all the way around.”
Henry said that the budget will also tackle some outstanding debt.
“The debt that was created back in 2006 will also be starting to be paid off fairly quickly,” said Henry. “We’ve planned for today, but we’ve also recognized and extended the budget out to 2023 and beyond.”
Henry added that they were able to cut the increase down from 2.8 per cent by pushing the re-construction of parking lots at city hall and Kingside Park to the 2018 budget. That saved them $545,000 from this year’s budget. Last year saw a budget increase of 2.52 per cent, an average of $56 for the average homeowner.