2018 Municipal Budget Process
If you would like to learn more budget basics, please watch the videos on our Budget page.
On January 31, Chatham-Kent Council finalized the 2018 budget and approved a 1.62 percent tax impact.
In March, Council supported a budget direction of inflation on the operating budget and an additional 1% for infrastructure to meet our Asset Management Plan.
On January 17th administration tabled a draft 2018 budget of 2.27% on operations including the 1% for infrastructure, well under the Council direction target. There were no significant service reductions to community assets or programs included in the recommendations. This budget also incorporated the Bill 148 new costs.
The following table gives a high level overview of where the process started and what Council approved:
| | | Tax Impact |
| | | Tabled | Approved |
| Municipal Operations: | | |
| | Municipal departments | 1.06% | 0.41%
|
| | Bill 148
| 0.37% | 0.37% |
| | Police Services | 0.37% | 0.37% |
| | | 1.80% | 1.15% |
| Infrastructure Renewal: | | |
| | Provincial Asset Management Plan requirement | 0.47% | 0.47% |
| | | | |
| | | 2.27% | 1.62% |
| Average household impact | $64 | $46
|
The approved budget includes $3,080,000 funding for Capital and Infrastructure Renewal plus inflation on existing budgets representing a significant increase to infrastructure funding.
In addition to the 1.62% tax increase, Council invested approximately $6.3M in one-time reserve allocations during the 2018 budget deliberations.