The first draft budget outlined in Director of Finance Kimberley Pope’s December presentation was unique in several ways. First, the Operations Budget showed just a 0.1% increase over that of 2020, which is good news. Last year that section showed an increase of 15.9% over the previous year. Second, because… Continue reading
After years in the works, a revised plan of subdivision application for Phase 2 of the Towerhill Subdivision was published last week, providing a look at the developer’s vision for the next phase of the Highlands of Millbrook, in planning documents referred to as Towerhill North. The proposal is now… Continue reading
The results of the 2019 Millbrook Community Improvement Plan (MCIP) were reviewed at the October 5th Council meeting. It was established to stimulate investments in businesses within the downtown Millbrook business area through incentives to subsidize investment in Façade and Signage improvement, Building and Site Improvement and Sidewalk Cafes. The… Continue reading
In a report submitted to Council last month, Cavan Monaghan Director of Finance Kimberley Pope reported that the financial impact of COVID-19 on the municipality totalled $302,875 as of the end of August. Of this, $188,760 is attributable to lost rental revenues from recreational facilities of $67,747 and late payment… Continue reading
Late last month, the township received the fourth quarter (January 1 to March 31, 2020) non-tax gaming revenue payment of $86,016 for hosting Shorelines Slots at Kawartha Downs. Any payment for the next quarter will be significantly lower as the facility, along with all OLG facilities and service providers closed… Continue reading
In response to the challenges presented by COVID-19, in mid-March the township made the decision to waive all late payment penalties for any invoices for property taxes and water/wastewater bills due during the COVID-19 municipal office closure timeline. Residents can continue to pay invoices in all regular options with the… Continue reading
In early February, Mayor Scott McFadden and Deputy Mayor Matthew Graham hosted two Town Hall meetings to share their concerns regarding County Budget discussions to clarify their position and seek ratepayer input. Cavan Monaghan is one of eight Peterborough County member municipalities which joined together to improve purchasing power in… Continue reading
Last month, the 2020 municipal budget was approved, reflecting a 3.16% increase in the Municipal Residential Tax Rate. This consists of a 1.86% increase to cover the 2020 Operating budget and a 1.3% increase to fund the 2020 Capital budget. This rate increase is significantly lower than the actual increase… Continue reading
Before Christmas, budget deliberations began as Council began their review of the township’s financial situation moving forward. Discussions continued last week, as Director of Finance Kimberley Pope presented the second draft budget which proposed a consolidated municipal tax levy increase of 3.14%, of which 1.9% was allocated to fund… Continue reading
