Huntingdon taxpayers spared
The budget for the Town of Huntingdon was adopted on February 8 a few weeks late but taxpayers will be delighted to learn that their taxes will remain the same as last year because of a freeze on taxes.
The municipal council adopted budgetary estimates including revenues of $4,080,844 and expenses of $3,692,010 for a surplus of $388,834.
The overall property tax rate remains unchanged for a residential or agricultural building at $0.80 per $100 of evaluation, including $0.47 for general property tax and $0.33 for special property tax.
Elected officials for the municipality of Huntingdon accomplished this feat in spite of a $257,242 decrease in revenues, as well as a decrease in expenses totalling $219, 801.
On the other hand, rates for housing services remain the same. Tax on drinking water is fixed at $350, sewage ($40), sanitation ($160), police ($100), waste ($130) and selective collection ($95).
Among the operating expenses, there are components for Environmental Health ($1,005, 114), General Administration ($799,607), Planning, Urbanization and Development ($531,269), Transportation ($452,776), Public Health ($350,336), Financing Costs ($268,097), Leisure and Culture ($194,811) and Health and Well-being ($90 000).
A sum of $419,154 was also set aside for repayment of the long term debt and a $25,680 budgetary package will serve for investment activities.
For a house evaluated at $120,000 in Huntingdon, the taxes will be $1,840 and for a residence evaluated at $180,000, the taxes will increase to $2,320.
Economic development
The Huntingdon Corporation de développement économique also received a financial contribution of $91,398 from the Fonds conjoncturel de développement (FCD). The purpose of this program is to support initiatives that are intended specifically for economic development.
This financial assistance will be used for various renovations on the former Huntingdon Mills textile plant.
Huntingdon: taxes 2016
Property taxes
- $0.80 per $100 of evaluation
Service taxes
- Drinking water: $350
- Sewer: $40
- Sanitation: $160
- Police: $105
- Household waste: $130
- Selective collection: $95
Translated by Cathleen Johnston