LaSalle residents were warned last week they may have to pay more in property taxes next year. Now, they can find out how the money could be spent.
The Town of LaSalle has tabled its budget, calling for a 6.85 per cent increase in residential property taxes, or another $193.42 a year. That's for a home with an assessed value of $269,000.
"While this may differ significantly from the current sales market, the assessed property value is used in determining property taxes," said the town. The Municipal Property Assessment Corporation determines property assessments, not the housing market. MPAC postponed the municipal property assessment update in 2021, so property valuations remain at 2016 values.
The budget includes $334,100 for policing costs. That would cover wages and benefits, transfer to reserves, and hiring two new constables.
Another $2.2-million will increase contributions to capital reserves, pay for investments in information technology and infrastructure, and fund master plans.
About $1.9-million would cover inflationary changes, wages and benefits, insurance, and services like garbage collection.
"Although the rate of inflation continues to rise significantly year-over-year, we are still able to move forward with planned projects for 2024," said Director of Finance/Treasurer Dale Langlois.
That includes investments at the LaSalle Landing waterfront and a new fire substation.
Town staff can explain the budget and take public input at an open house on Wednesday, November 29, in the lobby of the Vollmer Culture and Recreation Complex. The meeting starts at 6 p.m.
The town scheduled budget deliberations on December 6 and 7 at the LaSalle Civic Centre, but those who can't make it can watch the sessions on the Town of LaSalle YouTube Channel.
Comments about the spending plan are due December 1 at noon.
