Graph provided by District of Muskoka
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Muskoka Post Staff
It's budget season in Muskoka and district municipal staff have recently released the property tax figures for 2020.
The average resident will see an overall 1.90 per cent tax increase on the district portion of their municipal property taxes in 2020. This translates into an impact of approximately $16.26 for a property valued at $300,000 in Muskoka.
District Council approved a $128,222,683 million tax-supported operating expenditure budget. The 2020 budget focuses on maintaining existing services and service levels across the district, while continuing to invest in transportation infrastructure, affordable housing, long term care and other council priorities.
For more information on the districts budget visit; https://www.muskoka.on.ca/en/district-government/Budgets.aspx.
Council also approved the 2020 rate-supported operating budget and capital budget and forecast for Solid Waste Management and Water and Wastewater services in December 2019. For updated user rates and service fees, visit https://www.muskoka.on.ca/en/district-government/General-User-Fees.aspx
In addition to the district of Muskoka portion home owners will see changes in property taxes through their own municipalities. Huntsville, Bracebridge and Gravenhurst have already passed their 2020 budgets while the Township of Muskoka Lakes and the Township of Lake Of Bays have not yet reported their numbers.
Property owners in Bracebridge with $300,000 worth of assessment will have to pay $1.74 more in taxes than last year. Council approved its 2020 budget which carries a 0.1 per cent rate increase.
Huntsville's tax increase comes in at 2.86 per cent. Based on an assessed property value of $300,000 the annual tax increase would be $67 annually.
Gravenhurst council unanimously approved its 2020 budget which resulted in a 1.6 per cent increase. This translates into a $7.25 increase per $100,000 of assessment on a residential dwelling.
Muskoka Lakes will be introducing their 2020 budget on March 23.