Stratford’s 2024/25 Town operating and capital budgets were presented on Thursday. , and the 2024/25 Stratford Utility operating and capital budgets.
Within the 2024/25 operating budget presented by Finance Chair Ron Dowling is a $0.02 increase to residential municipal taxes, with a projected further $0.02 increase in each of the next two years following. The budget also includes an increase of $0.08 for apartment dwellings and $0.10 for commercial businesses. The increases will allow the Town to deliver on the needs of the community through investments like the addition of an RCMP officer, accommodation of the requested increase to the fire dues of the Cross Roads Rural Fire Company, and the
continuation of programs such as the residential tree planting program.
The budget forecasts an operating surplus of just $500 for the upcoming year once depreciation and the principal
payments on long-term debt are accounted for.