Lakeshore residents will have a chance to see what is entailed in the Municipality's proposed spending plan.
The Municipality's 2024 draft budget is now available for public viewing. Councillors will formally receive the budget at their public meeting on Tuesday.
Chief Financial Officer and Treasurer Justin Rousseau said the budget plan is fully digital and interactive, though like all of Essex County's communities, will include a property tax increase.
The plan currently includes a 6.23 per cent hike or an increase of $114 a year per the average home.
"Despite the proposed increase, Lakeshore would continue to have Essex County's lowest tax rate and be one of the region's most affordable municipalities to live in," said Rousseau.
Thanks to inflation, the proposed tax, water, and wastewater rate increases will have an average monthly impact of $15.66 for property owners.
"Council and I are committed to striking the delicate balance between improving service delivery and investing in critical infrastructure projects while minimizing the impact on our ratepayers," said Mayor Tracey Bailey. "Recognizing the importance of each dollar, we pledge to use your taxes as efficiently and effectively as possible."
The Municipality's first five-year forecast is also included.
Budget deliberations are scheduled to begin February 15 at 9 a.m., and continue the following day if needed.
