The City of Quinte West has released its first version of its proposed budget in a “budget book” format.
According to the city, the budget book will help increase transparency of the city’s annual budget information, recommendations, and forecasts for council and the public.
In the first draft, the City of Quinte West is proposing an average residential tax increase of 9.26% or an increase of $322 for the average Quinte West residential homeowner in 2024.
The increase is to address potential inflation growth, and to service level change costs that are anticipated by the city’s internal departments, external partner agencies that receive funding from the city, and to fund the capital levy.
Input from residents and community members, city council and all city departments were accounted for in the proposed budget.
City council will be going over the proposed budget during a two-day special council meeting December 6-7.
A link to the first draft can be found at the City of Quinte West’s website.