Simcoe County council approved a $548 million budget for 2019, which focuses on the resources necessary to maintain existing services and service levels in the region while continuing to invest in infrastructure, transit, paramedic services, solid-waste management and social housing.
Residents will see an overall two per cent increase on the county portion of their municipal property taxes in 2019, an impact of approximately $5.70 per $100,000 of property assessment across the region.
The county maintains a strong financial position, having received, for the fourth year in a row, a double-A long-term issuer credit rating for 2018 from S&P Global Ratings, an independent credit company. The 2019 budget ensures the county continues along the path of long-term fiscal stability and contains items that address areas of growth, as well as initiatives directed by council to enhance service levels for the region, support infrastructure, increase efficiencies and prepare for the future.
“Simcoe County’s progression as a vibrant, growing and thriving region brings tremendous opportunity, as well as increased need and demand for regional services, supports and infrastructure,” said Warden George Cornell. “Our council understands the significant role and impact of our services to our residents and communities and has approved a fiscally responsible budget that upholds our commitment to manage tax payers’ dollars efficiently, while providing flexibility to continue to invest in economic growth, tourism, municipal services, social and health programs and regional infrastructure.”
2019 budget highlights include total county expenditures for 2019 of $548 million. That includes long-term care and seniors services ($60 million); paramedic services ($73 million); social housing ($88 million); Ontario Works ($73 million); transportation and engineering ($69 million); solid waste management ($46 million); and children and community services ($62 million).
Log on to simcoe.ca to view the 2019 Simcoe County budget overview.