Draft Town of Cobourg 2025 Budgets now available
As promised, the draft 2025 budgets for the Town are now available – see links below. Next week there will be several meetings where Council reviews the budget in detail – see the announcement or the Cobourg Internet page. But we all want to know what the proposed tax increase is. According to the draft operating budget, it appears to my non-accounting eyes to be 3.49%. However, there seems to be an incorrect Police budget (see below) which would add $408,890, that is, adding 3.7% for a total of 7.2% (Stay tuned for more on this). There are two things that are different this year: 1) Stormwater is handled separately and shows a revenue increase of 3.57% and 2) There… Read complete articleDraft Town of Cobourg 2025 Budgets now available