News

2024-25 Budget Approved

Details

Published: Wednesday, 17 April 2024 10:20

The Town of Berwick approved the 2024-25 operating and capital budgets at a special Town Council meeting on April 15, 2024.

The balanced budget was approved with a two cent decrease to the residential and commercial tax rates. Council sought community feedback through public information sessions and budget survey. The Town of Berwick’s Council is committed to being fiscally responsible with your tax dollars, while also balancing the needs of the community and maintaining the municipal service levels the Town of Berwick is known for.

- The new residential tax rate will be $1.558 per $100 of assessment value
- The commercial tax rate will be $3.870 per $100 of assessment value

The highlights of the Town of Berwick’s 2024-25 budget include:
- Year 1 of significant upgrades to the Wastewater Treatment Plant
- A new building, with washrooms, at Centennial Park
- A new Office Administrative Coordinator position
- Collaborative projects with the Berwick Volunteer Fire Department, including a new water storage tank and completion of a Portable Pumper Truck

As discussed by Council and Town Staff during the budgetary process, the many factors that impacted the 2024 budget include the following:
- Increased property assessment values from PVSC
- Community feedback
- Rising costs, and the impacts of inflation at all service levels

For more information, and to view the full approved 2024-25 municipal budget, visit berwick.ca/2024-25budget.html