Budget Committee Approves 2024 Rate-Supported Operating Budget

Budget Committee Approves 2024 Rate-Supported Operating Budget

Norfolk County’s Budget Committee has reviewed and approved the 2024 Rate Supported Operating Budget.   

The Budget Committee heard presentations from the Environmental and Infrastructure Services and Corporate Services teams before approving the proposed rate budget as proposed by staff. The net rate requirement is $29,627,800, representing an 11.2 percent increase over 2023. This translates to an annual increase of $171, or 12.0 percent on the average residential bill.  

 “This budget works towards addressing Norfolk’s critical infrastructure needs,” said Mayor Amy Martin. “It is a direct reflection of the upcoming capital pressures with Norfolk County embarking on a historical capital spending program with significant investment to ensure the water and wastewater systems remain reliable for our residents for years to come.  After careful consideration of available options, the recommended path forward is not only the most cost-effective option, but also provides operational consistencies and continues to ensure quality water that meets all Provincial regulations.  Additionally, Norfolk continues advocacy efforts to higher-order governments for grant funding to help offset cost pressures and insulate our ratepayers as much as possible.” 

The proposed 2024 Rate-Supported Operating Budget can be found at NorfolkCounty.ca/TaxBudgets.