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Woodstock's 2013 Budget is Finalized

Thursday, 21 February 2013 10:08

The average household in Woodstock will pay $1 less in taxes this year. Woodstock finalized the 2013 budget last night, at a 1.52% increase, which is a $34.34 increase for the average household, worth $203,750. But when you factor in a decrease this year in the education rate, and tentative county rate, the average household will actually save a buck on their property taxes this year. Woodstock Mayor Pat Sobeski says, "Staff did an excellent job before [the budget] comes to council. They're very good at being realistic, they have a sense from council as to what the acceptable increase would be. They recognize we're a growing city." He says staff worked hard to meet the public's interests. "One of the things they did in this budget was they tried to align it with some of the suggestions that were coming out of the Strategic Plan. So for example, people were saying that parks and trails are important so they are establishing a special reserve so three years down the road when we want to do something with trails extra that the money is there," said Sobeski.

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