Budget committee recommends 4.86% residential tax increase

Nick Seebruch
Budget committee recommends 4.86% residential tax increase

CORNWALL, Ontario – The City of Cornwall Budget Steering Committee has recommended a residential tax increase of 4.86 percent.

This equals out to a roughly $112 increase to the taxes paid by an average household. According to the Municipal Property Assesment Corporation, the average household in Cornwall is valued at $166,771. The average household in Cornwall will pay roughly $2,423 in property taxes this year.

In their last meeting of the year, the committee removed a number of items from the taxation budget to bring the number down from 5.9 percent. The committee instead recommended borrowing money to cover projects like the Lemay St. extension, security cameras on Cornwall Transit buses and an upgrade to the City’s email system.

This tax increase is not final, as it still has to be approved by a special meeting of City Council which will be held on Monday, April 16 at 5:30 p.m. at City Hall.

The motion for the 4.86 percent increase was introduced by Mayor Leslie O’Shaughnessy, and was endorsed by all of the committee except Andre Rivette and Bernadette Clement.

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