The Municipality of Barrington has approved its budget for this fiscal year.
The combined operating and capital budget comes in at $8.8 million.
Warden Eddie Nickerson says there’s good news for business and home owners.
“Again, we’re holding our tax rates. We’re very fortunate to have a lot of development going on in the municipality in the past couple of years.”
The residential rate remains at $1.01 per $100 of assessment, the commercial rate stays at $2.56.
Nickerson says one of the largest projects will be addressing some large maintenance issues at the Sandy Wickens Memorial Arena.
$2.5 million dollars has been set aside for that.
Nickerson says the budget process this year had council meet on numerous occasions beginning in early January, and hold a consultation meeting with the public.
“Council received all the information from staff and citizens and carefully deliberated on the budget before setting rates and developing future capital project plans. Council is excited to be moving forward on a number of projects that will see much needed improvements to capital assets.”
There will be a renewal project at the Brass Hill Sewer Treatment Plant; development of plans for ballfield upgrades, beach projects, and business park development; and the design and planning for the replacement of the recreation building.
Total expenditures for the Municipality of the District of Barrington for the 2017-2018 fiscal year are budgeted at just under $8.8 million dollars. This includes approximately $2 million for policing and other protective services, $1.3 million for education, and $1.3 million in financing of projects.
