Smiths Falls Council talks rate increases during budget discussions
Smiths Falls treasurer Janet Koziel presented the first draft budget for 2022 Monday night.
Mayor Shawn Pankow said a suggested 3.8% and 3.3% tax rate increase won’t do, and it must be lower.
Councillor Jay Brennan says they may find cuts by way of unprecedented capital project spending.
With the town approving a 1.1% tax rate increase a year ago, there was hope it could be done again.
However, CAO Malcom Morris cautioned against going down that road.
A handful of councillors voiced support of a tax rate increase of around 2% for next year. This draft included a few suggestions including an increase of 3.8%.
A virtual open house takes place December 1st with the 2nd draft proposal headed to council on the 13th.