General News
New Tecumseth council determines spending plan for 2023
March 9, 2023 · 0 Comments
By Brian Lockhart
The Town of New Tecumseth has decided where tax dollars will be spent for 2023.
Funds raised by the town come from taxation, reserves, development charges and various grants.
Council dipped into its reserves to lower the increase in property taxes for this year. Rates for homeowners will go up 3.29 percent. The average property owner will see their taxes increase by around $100 year over year.
User rates for water and wastewater will also increase by eight per cent beginning in April.
For 2023, capital works include:
New parks and upgrades – $2 million
Recreation facility upgrades – $1 million
Investment in roads and bridge reconstruction – $3.3 million
Fire large apparatus replacement – $1.7 million
Groundwater well optimization – $2.6 million
Maple lane pumping station rehabilitation – $4.1 million
Brendan Holly wastewater treatment facility expansion – $3.7 million
Alliston wastewater Treatment plant – $6.8 million
Tottenham Conservation Area washrooms – $1.3 million
2023 Road improvement program – $3.5 million
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