On December 11 Council agenda there is a report recommending approval of budget and business plan for 2024.  Given the approved York Region budget the blended rate in King Township increases about 3.54%; for a property assessed at $1 million this is an increase of $294/year. The Township portion of the blended rate is an increase of 4.98%.  In the draft budget presented Nov.27 the proposed Township increase was greater at 5.49%; I am curious as to how it has been decreased as I don’t see that any program changed have been reduced or eliminated.  To understand more about the budget and business plan see my earlier post.  And there will be a presentation by Treasurer at the December 11 meeting.

The blended rate is a mix of current estimated York Region rate increase of 3.75%, King Twshp recommended rate increase of 4.59% and school board assumed 0% increase. The 3 rates are blended 42/40/18.

As always you can participate in the Council and make a deputation on this motion  in person or virtually.  For details on how to do please see Council agenda.  Or you can send an email to clerks@king.ca by Monday noon with your comments, questions.  And I welcome hearing from you directly or by making a comment on the blog.