PUSLINCH — The Township of Puslinch council will be holding a public meeting to discuss the 2023 proposed budget and the proposed township tax increase of 4.5 per cent on Thursday at 7 p.m. at the Puslinch Community Centre.
The plan is for council to later vote to adopt the 2023 budget on Feb. 8.
The total Puslinch, municipal tax levy for 2023 is proposed at $4,998,530.
In 2022, the Puslinch council increased taxes by 3.83 per cent for a total tax levy of $4,663,388.
The total tax levy increase in 2023 is proposed at $335,142.
The effects of COVID has driven up the costs of the majority of goods and services during 2021 and 2022. So, due to significant inflation, the cost of certain items in the 2023 budget had to be increased, such as insurance, calcium, fuel as well as other items, says a presentation from Mary Hasan, the townships director of finance/treasurer.
The public meeting will be an opportunity for the public to share their feedback with council.
But the meeting will also explain how the budget has changed from 2022, what the future forecast is, what is in the budget and how the budget effects tax payers.