2023 Budget Speech and Fee Structure

2023 Budget Speech

Your Worship, Fellow Councillors and Residents in the Gallery,

Tonight, as Chair of the Finance Committee, I am pleased to deliver Budget 2023 for the Beautiful Town of Pouch Cove.

Through much careful thought, debate, and consideration, we are proud to deliver Budget 2023. After a full year together on Council, I am proud of all of our accomplishments to date, and look forward to what 2023 has in store.

We would like to thank every Resident in Pouch Cove for continuing to work together and in showing their true strength in keeping our community a safe place to live, work and raise a family as we learn to live with this pandemic.

Emerging from COVID-19, your Council will continue working with our stated vision: A Community Built for Everyone.

Budget 2023 is balanced at $2,758,941.90

For the first time in many years, Council has made the decision of increasing the Mill Rate from 5.25 to 5.75, meaning, on an average home valued at $234,000, this will result in an increase of $9.75 per month; all other Fees will remain the same for water and business taxes. This increase still leaves the Town of Pouch Cove with one of lowest mill rates on the Northeast Avalon.