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November 2, 2021
Dear Residents,
Last night, our 2022 budget was approved with a 2.5% tax increase, representing a $44.53 tax increase in 2022 for the average household. A total of $356,997 will be generated from this taxation increase.
Of the 2.5% tax increase, 1% is dedicated to saving for our future Recreational Complex, and another 1% is dedicated to increasing investment in our roads system.
Improving roads has been your main priority and requests every year. In 2019, Council set a target through its Strategic Plan to reduce the Infrastructure Asset Replacement Deficit (IARD) by 20% by 2022. With the approval of the 2022 budget, I am glad to announce Council has reduced the IARD by 40%. This means we are paving more roads in your community each year.
Overall, we are improving roads, sidewalks, pedestrian safety, as well as increasing cultural, recreational and environmental investments. By addressing asset management deficits, and continuing our financial plan for the Recreation Complex, your council is being proactive and planning for the long term.
Thanks to Council and staff being open to compromise during budget discussions, we achieved a reasonable and balanced tax increase to address the community's needs and wants for 2022.
On November 24, 2021, at 7:00p.m., there will be a live question and answer session on our Township Facebook and Youtube. page. I will be answering any questions you might have regarding the 2022 budget, accompanied by the Township Treasurer.
Additional budget information can be found on our website on our Budget webpage. You may send in your questions ahead of time to info@russell.ca or by joining live and interacting with us.
Regards,
Pierre Leroux
Mayor