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Wyoming, ON - Lambton County Council has approved a net levy rate increase of 5.5% to the County property tax levy, finalizing the County's 2024 Budget at the Council meeting held this morning.
In total, the budget calls for spending $283.7 million in 2024, $95.6 million of which will be raised through local property taxes.
"I’d like to thank Council and staff for the time and effort made towards developing and reviewing this year’s budget,” said Lambton County Warden Kevin Marriott. "It is a challenging year for all municipalities across the province when deliberating and reviewing budgets. Approving this year’s budget allows the County to continue the important work it provides for the community, as well as fund projects that are a priority to Council and Lambton County residents."
The 2024 budget includes a contribution of $3 million towards the Affordable Housing Reserve Fund, an increase of $1 million from the amount that was contributed in 2023. In addition, Council directed staff to proceed with the final engineering design needed for the proposed intersection improvements at County Road 4 (Petrolia Line) and County Road 31 (Kimball Road) and that the costs of the design be included within the 2024 budget.
The County of Lambton operates a wide variety of programs and services available to the public such as land ambulance, provincial offences court, three Long-Term Care Homes, 25 library locations and related digital resources, two museums, an art gallery, archives, local roadways, public health services, housing services, social services, building services, and planning and development services. The Corporation employs approximately 1,300 employees across over 40 sites.
A final version of the County's 2024 Budget will be available online at lambtononline.ca/budget in the coming weeks.
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Please contact:
Kevin Marriott
Warden
County of Lambton
519-381-6111
Email Kevin Marriott
Larry Palarchio
General Manager, Finance, Facilities & Court Services
County of Lambton
519-845-5417
Email Larry Palarchio
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