One of the recommendations coming from Chatham-Kent’s Economic Recovery Task Force, is that council take a good look at not having significant tax hikes next year.
The rationale behind the recommendation is due to a number of local businesses—as well as residents taking a financial hit this year due to the corona virus situation.
At their council meeting on Monday night, council agreed to set their draft budget for next year with an increase of the customer price index, as well as the additional asset management plan increase.
Council also pledged to have administration bring options to reduce the 2021 budget impact to zero percent. Chatham-Kent’s chief administrative officer Don Shropshire advised council that they will have a number of tough decisions to make regarding the budget.
This could mean possible service reductions, decommissioning or selling some assets, or tapping into reserves.
