Smooth Rock Falls Sets 2025 Budget at $4.7 Million
The Town of Smooth Rock Falls has released its 2025 budget, setting total expenditures at $4.7 million. This includes a 10% increase in the municipal tax rate and a 3% increase in water and sewer rates. These adjustments will see taxes contributing 65% to the town's revenue.
Key areas of investment have been identified in the budget. These include improvements to road infrastructure, focusing on priority resurfacing projects, and enhancements to parks and recreation spaces, with an emphasis on accessibility.
The budget earmarks $1,842,576 for capital projects in 2025. Among these, $827,877 has been allocated to road projects, and $238,157 to community space improvements. The budget also provides funds for facilities renovations, equipment purchases, and upgrades to water treatment systems.
These financial allocations are part of initiatives to support housing development, lot servicing, and beautification efforts within the community. Residents should be aware of these changes in tax rates, which are expected to impact their financial obligations.
The details and figures mentioned are sourced from the Corporation of the Town of Smooth Rock Falls' 2025 budget documents.