Here’s what you need to know about Mississippi Mills’ recently passed 2024 budget

Photo via Mississippi Mills

The Municipality of Mississippi Mills passed its 2024 Budget on Dec. 14, following deliberations held over five council meetings and incorporating feedback from approximately 170 residents during public consultations.

The tax structure delineated by the Municipality includes four main components: Municipal (43 per cent), Police (7 per cent), County (34 per cent), and School (16 per cent). The combined municipal tax rate, along with the policing levy, amounts to $13,573,581, signifying a 3.4 per cent increase from the previous year’s combined levy. These funds constitute the primary revenue stream used by the Municipality to facilitate service provisions and infrastructure developments.

With an average assessment of $338,000 for homes in Mississippi Mills, households can anticipate a nominal monthly increase of approximately $5.40, translating to an annual increase of $64.83.

“Council is very sensitive to the financial pressures many of our residents are facing,” said Mississippi Mills Mayor Christa Lowry. “The focus of the 2024 Budget reflects Council’s strategic priorities that include investing in community safety and municipal infrastructure, while planning for future growth.”

Acknowledging fiscal challenges, Mayor Lowry highlighted a 15 per cent reduction in provincial infrastructure funding for 2024, compounded by escalations in insurance, inflation, and interest rates. These hurdles remained pivotal in the budgetary deliberations and are expected to persist for Council in subsequent periods.

The forthcoming year’s initiatives encompass several significant projects, including:

  • $1.05 million for fire equipment, encompassing a new front-run pump truck
  • $3.41 million earmarked for road development, sidewalks, and hardtopping
  • $1.08 million allocated for bridges and culverts
  • A substantial investment of $7.37 million in water and sewer infrastructure
  • $345,000 dedicated to park and recreation enhancements, including refrigeration and chillers at the John Levi Community Centre and curling rink

Mayor Lowry specified critical upgrades planned for Mercer and Marshall Street involving culvert, stormwater, and sanitary sewer systems. Additionally, the agenda outlines the renewal of the Concession 9 Bridge in Pakenham, pedestrian crossings in the Blakeney Bridge in collaboration with Lanark County’s reconstruction efforts, and a new fire truck for the Mississippi Mills Fire Department.

The overall municipal budget stands at $41,968,054, delineated into $25,373,286 for Operations and $16,594,768 for Capital projects.

“I commend Council and staff for their efforts to approve the budget before we turn the calendar to 2024, which puts the Municipality in a strong position when putting out tenders for major projects,” Mayor Lowry concluded.

A comprehensive budget summary offering further insights is anticipated in the New Year.

Please note: Water and sewer infrastructural enhancements, while included in the overall budget, are mandated by provincial legislation to be funded through user fees rather than the tax levy, adhering to regulations stipulating that users of these services bear these expenses.

Leave a Reply

Would you like to receive notifications of local breaking news? OK No thanks