The Council of the Town of Greater Napanee says it intends to consider a by-law to approve the 2021 Utilities Operating and Capital Budget. This will take place during a meeting on January 12th , at 7:00 p.m. at the Selby Community Hall.
The proposed Utilities Budget includes an increase of 2.0% for municipal water and wastewater rates next year. The rate hike will result in a bi-monthly increase of $4.23 for the average residential customer.
The proposed 2021 Utilities Budget will remain debt free and will continue to provide adequate financial resources to undertake substantial capital work. User rate increases have remained consistently modest, averaging just under 2% over the last 5 years.
The municipality says a healthy reserve balances, which have reached an all time high, will help fund large scale capital projects (such as the Water Pollution Control Plant) and will decrease the burden of future long-term debt.
The complete budget presentation can be found on the Town’s website athttp://www.greaternapanee.com under the Agenda for the December 8, 2020 Special Meeting of Council.
If you have any questions regarding the proposed 2021 Utilities Operating and Capital Budget or water and wastewater rates, please contact Todd Harvey, Director of Utilities at 613-354-5931, Ext. 2120 or tharvey@greaternapanee.com.
