Media Release: Smiths Falls’ Council approves budget with 0% property tax increase for 2022

Feb. 2, 2022

Smiths Falls’ Council approves budget with 0% property tax increase for 2022

The Town of Smiths Falls is pleased to announce the 2022 budget has received final approval from Smiths Falls’ Council with a zero per cent property tax increase for property owners.

“Council and staff worked very hard to return a zero per cent increase for the 2022 budget,” said Mayor Shawn Pankow. “Given the global COVID-19 situation, we wanted to ensure Smiths Fall’s taxpayers weren’t adversely affected with a property tax increase at a time when every dollar counts.”

The budget process spanned five months as Council and staff worked to keep costs manageable and keep financial impact on taxpayers at a minimum. The process included public consultation in September 2021 that sought feedback, ideas, and input for Council to consider in their deliberations.

A preliminary budget was presented to the Committee of the Whole in November 2021, which received final approval on Jan. 24, 2022.

In 2022, there will be a modest, below-inflation adjustment to water and wastewater rates of two per cent. Currently, the Consumer Price Index is at 4.2%. There will be no increase to property taxes for Smiths Falls’ property owners.

The new budget includes a $17 million capital budget, which is the largest in recent history and will allow for key capital projects to take place, including:

The budget also included a $174,000 donation to the Smiths Falls/Perth & District Hospital to help fund the capital campaign to improve healthcare services in Smiths Falls.

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For further information, please contact:

Malcolm Morris
Chief Administrative Officer
Town of Smiths Falls
77 Beckwith St N, Box 695
Smiths Falls, ON
K7A 2B8
613-283-4124 ext. 1104
mmorris@smithsfalls.ca

Shawn Pankow
Mayor
Town of Smiths Falls
77 Beckwith St N, Box 695
Smiths Falls, ON
K7A 2B8
613-283-4124 ext. 1110
spankow@smithsfalls.ca