After repeated complaints about water rates since the opening of the new treatment plant, Council directed staff to investigate ways to reduce them. Rates had risen significantly in part because the new facility was subject to new legislative requirements for asset replacement reserves to ensure the sustainability of municipal assets. After consultations, the Director of Finance recommended the township forego the municipal portion of the municipal tax levy and net out the educational portion of its tax bill through a grant, representing a $35,550 reduction in cost allocation in 2019. The grant made against the utility’s property tax account will be funded through the municipality’s tax levy. KG
