On Air Now

World's Best Music

1:00am - 5:30am

  • 519-537-1047

Now Playing

Listen Live Listen Live HD2

Woodstock Passes 2024 Revenue Budget

Friday, 22 March 2024 07:20

By Kyle Freel X @KFreelHeartFM

The average homeowner will spend $207.16 extra on the city's portion of their property taxes this year.

WOODSTOCK - A long City Council meeting in Woodstock has produced the 2024 budget.

The items in the budget were discussed and debated one by one, which had Mayor Jerry Acchione pleased. 

Once everything was said and done, Mayor Acchione broke down the final numbers for those watching in council chambers and at home through the livestream.

"This is a 9.25 percent tax levy increase over 2023, so the tax rate if we look at the growth will be a 7.42 percent increase."

This means the average homeowner will spend an extra $207.16 on the city's portion of their property taxes this year. The budget originally had a 10.1 percent increase to the tax levy going into the meeting, which would have resulted in the average homeowner paying $230.30 extra.

Acchione says a topic that took up a lot of time was additional hours for transit services.

"It was debated a fair bit, and it really boiled down to cost again. We looked at two hours on Saturday from 6:00 a.m. until 10:00 p.m. and Easter Monday."

Adding two hours on Saturdays makes it coincide with the schedule that runs Monday to Friday.

Council also talked about in the future trying to add more services including possible Sunday bus service.

Share

More from Local News

Comments

Add a comment

Log in to the club or enter your details below.
Rating *

Weather

Recently Played

© Copyright 2025 104.7 Heart FM (CIHR-FM) is owned and operated by Byrnes Communications Inc.. Powered by Aiir.