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Last Updated: Feb 1, 2021 11:31 AM
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Grey County is looking at a tax rate increase of 2.11 per cent.
On Friday, County Committee of the Whole supported the draft 2021 budget. It comes back to Council for official approval February 11th.
The County says in a release, the total operating and capital budget works out to $171.2 million.
The 2.11 per cent tax rate increase would work out to an average increase per single-detached household of $24.93.
Of note, in the budget is a $1.11 million investment to create an affordable housing fund on the recommendation of the Affordable Housing Task Force. The amount is equal to $500,000, plus the equivalent of 1 per cent levy. The task force recommended including 1 per cent in the budget each year to continue growing the fund which will support land purchases and affordable housing builds. Council chose to pay the 1per cent in 2021 from one-time reserves. ....

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