Council Approves 2023 Operating and Capital Budgets

Town Council approved Whitchurch-Stouffville’s first service-based budget on Wednesday, March 1. This multi-year budget includes the approval of the 2023 Operating Budget, totaling $67,443,950 and the Capital Budget of $26,776,000. Additionally, the Town of Whitchurch-Stouffville’s Council approved a grant of $2,795,220 for the Whitchurch-Stouffville Public Library and Latcham Art Centre.

The Town’s portion of the tax bill includes a 9.04% tax levy increase. This levy is comprised of a 6.04% levy increase for day-to-day operating expenses and a 3.00% capital levy. When combined with the Region and Education portions, the estimated blended property tax increase is 4.56% for a resident. 

A property owner with an assessment of $800,000, will have a total estimated annual increase in their property taxes of $272, of which the Town portion is $179.

“The 2023 Stouffville Budget focuses on being fiscally responsible,” said Town of Stouffville Mayor Iain Lovatt. “Council recognizes that it has been a challenging year for citizens and families, however we are determined to maintain and increase the service levels residents rely on every day.”

“The hiring of four full-time fire suppression staff, and an additional Deputy Fire Chief, shows our continuing commitment to enhancing our residents’ living and working experiences here in Town,” Lovatt said.

In addition to the new firefighter hires, highlights of the budget also include:

  • $7,560,000 for the completion of Edward Street reconstruction
  • $4,000,000 for the reconstruction of Lloyd Street
  • $1,560,000 investment in road repair and rehabilitation
  • $1,555,300 for a new Baker Hill neighbourhood park
  • $1,080,000 for the design of a new Ballantrae Fire Station
  • $900,000 for the replacement of a new fire pumper truck
  • $575,000 for the rehabilitation of the historical downtown clock tower
  • $345,000 for various traffic calming initiatives, including roundabout improvements
  • $125,400 for the design and construction of a Main Street crosswalk between Freel Lane and Lloyd Street.

The 2023 Operating and Capital Budget and other supporting documents are available online at townofws.ca/budgets.

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