Township of Wellesley 2025 Draft Budget Tentatively Approved

December 20, 2024, Crosshill, ON – After careful consideration, discussion and constructive debate, Council has tentatively approved the 2025 draft budget with a tax levy impact of 3.94% after growth. The final 2025 budget will be presented at a public meeting held during the regular Council meeting on January 14^th, 2025, at 6:45 p.m. The meeting will be held at the Council Chambers located at 4805 William Hastings Line.

The 2025 draft budget levy increase includes a 0.75% Greening Levy and a 1.0% Infrastructure Levy. Council stressed the importance of the financial requirements of infrastructure in the Township. This budget continues to grow the reserve balances and provide the needed funding to maintain the Township’s infrastructure in the future. It also provides for service level increases in areas like recreation, to meet residents needs and expectations.

The 3.94% tax levy impact will increase the Township’s portion of the average home’s tax bill by $58.19 annually.

Quick Facts:

• The Township administers tax bills sent to residents which include tax levies collected for the Township of Wellesley, Region of Waterloo, and School Boards (Education Tax).
• The breakdown of these levies is approximately as follows:
  • Township of Wellesley       32%
  • Region of Waterloo            54%
  • School Board                       14%
• The Township of Wellesley’s levy increase applies to the Township levy only. Regional levy increases are not included in the Township’s draft budget.

The Township of Wellesley is committed to providing exceptional service to the residents of the municipality in a fiscally responsible manner. Budget discussions in relation to the 2025 draft budget were held over the course of three days, at advertised meetings open to the public, at the Township of Wellesley Council Chambers in Crosshill, ON, on November 28, December 5 and 18, 2024.

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