The Town of Arnprior has approved a tax hike of less than 1% and are moving forward on major work to improve the downtown core.
Following two nights of budget deliberations last week, councillors agreed to a 0.75% municipal tax rate increase which translates in $3.64 per month or $43.62 a year for the average home assessed at $222,250.
The Town is working on a “pay-as-you-go” principle for this budget in an attempt to avoid taking on any long-term debt, as well as, paying down the existing debt putting money into reserves and investing in infrastructure.
Among the highlights of this year’s budget will be almost $6 million put into revitalization of the downtown and almost $1.5 million into watermain and sewer work on Havey and Daniel streets.
Major budget highlights include:
$5,981,000 – Downtown Revitalization Phase 2
$100,000 – Rolling Road Rehab – Sidewalks and Roads
$110,000 – Pump Stations 2 & 4 Upgrades
$935,000 – Havey St. Watermain Replacement, Sanitary Sewer & Road Reconstruction
$515,000 – Daniel St. Watermain Replacement Phase 1
$422,000 – Lead Treatment System Upgrades Phase 1
$125,000 – Ice Chiller Replacement Nick Smith Center
$125,000 – Olympia Park – New Park
$59,000 – Waterfront Development Feasibility Study
$44,000 – Fire Department Equipment Replacement
$110,000 – Town Hall Accessibility Improvements
$59,000 – Nick Smith Center Accessibility Improvements