The operating budget for the Town of Shelburne contains large investments in economic development and tourism.
The $5.03 million document, approved the council this week, implements three key strategic plans…economic development, tourism and and events.
There are no changes in the tax rates.
The residential rate remains at $2.04 per $100 of assessment and the commercial rate stays at $3.86.
While there are increases increases in various utility charges, the council tried to offset those with an increase in the town’s Low Income Credit.
CAO Dylan Heide says council has another important initiative as well.
“We also have a number of asset management initiatives to get a better handle on our physical infrastructure in the community including starting a new committee with some members of the public.”
He says there will also be continued investment in trails, playgrounds, parks and other recreational properties.
Other highlights include:
Additional art projects supported by the Town’s public art fund (overseen by the Town’s Community Participation & Volunteerism Committee) and a continuing commitment to the Guild Hall Summer Arts series of free public performances throughout the summer season.
Continued support for public housing and day care services for Town residents.
A new façade program for the downtown, supported by the Town’s new Commercial Development Support Program which provides tax rebates to businesses renovating or developing eligible commercial properties.
Up to $45,000 as needed to support the Shelburne County Arena Association with the purchase of a new Zamboni; to be matched by the Municipality of the District of Shelburne.
A new resident attraction campaign, complementing existing marketing initiatives with efforts targeting potential new residents and entrepreneurs.
Continuing to build capital reserves necessary for long-term asset management; minimum annual capital reserve transfers remain at 50% of amortization.
