Town of Teulon 2025 financial plan
Property owners in Teulon could face increases or decreases to their municipal taxes this year, depending on their re-assessment.
Properties with an increase of less than 17.7 per cent should see a municipal tax increase of less than 6.65 percent, while properties with an assessment increase greater than 17.7 per cent will likely face a municipal property tax increase of greater than 6.65 per cent. The re-assessment reflects how property values have changed since the last assessment in 2023.
In 2025, the bulk of operating expenses will go towards fiscal services (29%), general government services (19%), recreation and cultural services (17%) and protective services (15%). Other expenses will go to transportation services (10%), environmental health services (5%), reserves transfers (3%), environmental development services (1%), economic development services (1%) and public health and welfare services (0.1%).
In 2025, the Town of Teulon will pay a debenture of $44,265.83 towards the Teulon-Rockwood fire hall. The closing balance is $500,371.14 with a maturity date of 2039.
Other 2025 budget highlights include a pumper and tanker for the fire department ($225,000), hall washroom upgrades ($95,000), half-ton truck ($40,000), cage and pallet forks ($5,000), flail mower ($18,000), arena upgrades ($20,000), park and campground improvements ($13,979) and baseball diamond and rodeo ground improvements ($9,610).
Looking ahead, the town will continue to support the safer school pathway project, as well as signature community events and the food bank. In addition, in partnership with an anonymous donor, the town will expand the trails in Green Acres Park.
The Town of Teulon also signed a new three-year agreement with the curling club this year.
And starting in the fall, the Teulon Minor Hockey Association will install a hockey shooting corner in the Teulon Rockwood arena on the outside wall of the rink in memory of Wes Kilberry.
In 2024, indemnities and other expenses totalled $8,122.16 for Mayor Todd Campbell and $8,615.47 for Deputy Mayor Robin Nishibata. Similarly, indemnities and expenses totalled $7,076.07 for Coun. Michael Hepples, $6,803.97 for Coun. Kirt Ansell and $5,093.55 for Coun. Glenn Kletke.
