LaSalle Releases Proposed 2019 Municipal Budget
The Town of LaSalle’s administration is recommending a 0% Municipal Tax Rate increase in the 2019 Budget. The budget requires a $2.6M levy increase over the 2018 Municipal Budget, bringing the general levy to $34.3M. Those funds are being accounted for through the increase of $1.3M in new construction, and an additional $1.3M from phased-in reassessment on existing properties.
Should Council approve the proposed 2019 Budget with a 0% Municipal Tax Rate increase, most residential tax payers in LaSalle will see an increase in their 2019 taxes as a result of the most recent Municipal Property Assessment Corporation (MPAC) reassessment. MPAC’s assessed value of individual properties was done is 2016 and took effect in 2017, and that increase is phased in over a four year period. For more information about the MPAC reassessment, visit online.
The $2.6M increase in the proposed 2019 Municipal Budget includes general inflation costs, funds to support future capital projects like replacement of aging roads and other infrastructure like storm sewers and drainage, and to support initiatives that are being identified in various master plans that are currently being completed.
Budget deliberations usually take place in December, but with the municipal election held in October 2017, the proposed budget was delayed and presented at the December 11 LaSalle Council Meeting. Budget deliberations will take place on January 10 and 11. Each department will present their proposed budget, along with their goals and objectives for the coming year. The goals and objectives are tied to LaSalle’s Corporate Strategic Plan.
The proposed 2019 Municipal Budget is available at the link below. Copies are also available for pick-up at the Finance Counter at the LaSalle Civic Centre. Budget deliberations are open to the public.