COBDEN — There will be a municipal tax levy increase of three per cent for property owners in Whitewater Region Township.
However, what that means in dollars and cents won’t be known until the special council meeting next Wednesday.
Council has been discussing the budget at special meetings the past few weeks. The final discussion was held last night in council chambers.
The budgets for the water and sewer users are also ready to be passed.
Cobden water users will not have a rate increase, but there will be a rate increase for the sewer users.
It’s expected sewer rates for Cobden could increase as much as 35 per cent.
It’s expected Beachburg water users will see an 18.51 per cent rate increase while Haley water users will see a 33.5 per cent rate increase.
It must be noted, to keep the Haley water rate increase as low as possible, the three per cent share of the 2014 overall water surplus for Haley’s will go towards offsetting that increase in the amount of $277.56, the full Cobden surplus of $26,193 will be usd to offset the high rate increase and the 49 per cent of the Cobden share of the 2014 overall water surplus in the amount of $4,533.48 will also go towards decreasing the Haley increase.
The current water rates for Cobden, ranging from $160.04 up to $320.08 will remain the same.
The Beachburg rates of $133.14 to $266.28 will increase to $157.79 to $315.59.
The Haley rate of $326.02/quarter will increase to $435.24/quarter.
Please see next week’s online edition of whitewaternews.ca for the figures and what the increases will mean for ratepayers.
