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Here are some highlights from Smiths Falls’ 2024 municipal budget, passed Feb. 20

Photo via Town of Smiths Falls

The Town of Smiths Falls’ 2024 municipal budget was greenlit by council during its Feb. 20 meeting.

A media release from the town explains that the budget aimed to make balanced investments to provide essential services and community programming while ensuring municipal assets and infrastructure are properly managed.

The capital budget will see a total investment of $13,349,263, and operational expenditures total $23,188,406.

Included in the budget are adjustments to water and wastewater rates, with increases of 5.5 per cent and 3.5 per cent respectively, effective Feb. 1, 2024. Property tax rates will also see a 3.5 per cent adjustment.

Mayor Shawn Pankow emphasized the thoughtful deliberation behind the decisions, stating.

“Council carefully considered and weighed all priorities presented for the coming year,” Pankow said. “The decision to increase property tax and utility rates is never an easy one…seeing rising costs of doing business of providing our community with a high level of services and programs.”

The budget allocates funds across various areas of town operations, including significant investments in infrastructure projects such as:

  • The new water tower and supporting infrastructure,
  • Phase 1 of George Street reconstruction,
  • Road resurfacing and repair projects,
  • Police vehicle replacement,
  • Parks and recreation,
  • Business retention and expansion,
  • Investment attraction,
  • Tourism services, and
  • Community facility upgrades.

For more detailed information on the 2024 budget, residents are encouraged to visit the Town’s website at www.smithsfalls.ca/Budget.

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