Petrolia for cash in second round of housing funding
Warwick taxes to rise 2.5 per cent in 2021
January 21, 2021
Taxpayers in Warwick will shell out about 2.5 per cent more for municipal taxes this year.
Council passed the $11.2 operating budget and the $10.33 million capital budget Wednesday night during a special meeting via teleconference.
The increase means about $11 more for every $100,000 assessment.
The tax increase will bring in $62,500 extra in revenue. In a news release CAO/Clerk Amanda Gubbels says the increase is driven by rising costs in operations, particularly insurance costs.
The operation budget increases as the township hires staff to work on Warwick’s asset management plan – a document required by the province when applying for provincial grants.
It also includes another $14,000 for policing costs. The OPP asked for the extra support because it had not budgeted for the rent on the office in Corunna.
The big ticket item in the capital budget is $4.75 million set aside to build the new community hall on the Watford arena. It also includes $2 million for arena upgrades.
There will be two major road projects, Warwick Drive and Hickory Creek Line – four bridge and culvert improvement projects and the township will build a new shalt shed and wash bay for public works in the future. Just over $1 million has been set aside for that this year.
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