Peterborough County Council Approves 2022 Budget

Peterborough County Council approved the 2022 Budget, they announced on Wednesday.

File Photo.

The approved budget will see a levy increase of 2.6% and includes a dedicated infrastructure amount of 2.5%. The levy increase equates to approximately $9.11 per each $100,000 of residential assessment.

The Municipal Property Assessment Corporation (MPAC) data has not changed as re-assessments were not completed due to COVID, therefore the average residential home (not on water) in the County has an assessed value for tax purposes of $262,000

“Peterborough County staff were asked to bring forward a responsible and all encompassing budget and they did just that. This budget is affordable and gives us the ability to address our operational and capital infrastructure improvement needs”, said J. Murray Jones, Peterborough County Warden. “The challenges of Covid-19 are still causing operational and financial challenges to the County as well as to our service provider partners. Council has demonstrated that we will continue to tackle our Infrastructure needs and deficit. Our roads and bridges are pivotal to us all.”

Click here to view the full Draft 2022 Budget.

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