Robert Fisher
Staff Reporter
KILLALOE – Council for the Township of Killaloe, Hagarty and Richards finalized the 2025 township budget at a Finance Committee meeting May 15. Mayor David Mayville provided a brief summary of the effort at the May 20 council meeting.
Residents will see a general property tax increase of three per cent. The special area rate for the village of Killaloe will not change. Water and wastewater rates for those on the municipal system will increase 10 per cent for 2025, “in accordance with the financial plan” and into the future.
Budgeted expenditures for 2025 are forecasted to increase by $64,700, roughly one per cent higher than 2024. The township keeps 49 per cent of the 2025 increase. The balance will be split between the County of Renfrew, policing and boards of education.
“I would like to maintain consistency and aim to remain within the three to five per cent range moving forward,” Mayville said. He noted that the budget adds to reserves. “Revenue neutral budgeting has been a key focus, particularly in areas like water and wastewater, which will operate without funds from the municipal tax base.”
The mayor noted concern with the level of tax and water/wastewater billing arrears which are up $155,000 year over year. The total of $1.549 million represents, “36 per cent of our total reserves.”
The township engaged an outside provider to undertake tax sales on properties and began consolidating water/wastewater arrears onto tax bills for 2025. Mayville said council looks forward to seeing the results of property tax sales on the arrears balance.
Working funds reserves have increased $322,000 to $2.42 million, the roads reserve balance is $485,000, an increase of $253,000 and the fire capital reserve is $123,000, an increase of $65,000. The budget will draw $335,000 from working fund reserves. A further $64,000 from the special area rate reserve and $23,000 from the Ottawa River Power Corporation reserve will balance the water/wastewater operation. Council decided not to establish a reserve for future policing cost increases.
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