Zero per cent tax increase for KHR Township

Christine Hudder

KILLALOE – There will be a zero per cent tax increase in the township of Killaloe-Hagarty-Richards.

That’s the word from chair of the finance committee, Debbie Peplinskie, who delivered the details of the 2019 budget on May 14.

“Council feels that it’s very important to retain a good reserve balance, as it acts as a cushion in times of emergency and it enables the township to participate in funding options that may be presented from time to time,” she began. “For example, when program funding announcements are made, they are rarely without a requirement for a commitment of municipal funds to cover a share of the cost. When we retain a healthy reserve balance, we are ensured that the municipality can participate in these opportunities without relying on costly borrowing, or increased tax rates to cover a municipal portion.”

While legislative costs decreased by $2,208, administrative costs increased by $52,953.

“Of the increase in this budget, over half is for donations,” Peplinskie said.

For the full story, pick up a copy of the May 22, 2019 Valley Gazette or subscribe online.

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