6.29% Property Tax impact for residential properties in North Perth

North Perth, January 7, 2025 – At the North Perth Council Meeting held on Monday, January 6, 2025, the Council of the Municipality of North Perth approved the 2025 Business Plan and Consolidated Budget. The budget strategically prioritizes funding for essential municipal services, aligning with residents’ expectations for service delivery while investing in necessary current and future infrastructure and minimizing tax increases.

Property taxes paid by North Perth taxpayers reflect taxes levied by the Municipality, Perth County, and local school boards. Due to assessment shifts and growth, the 2025 median residential levy impact on the North Perth portion of the property tax bill is about 6.29% or approximately 39 cents per day.

Below is a further breakdown of the property tax impact on the median assessed residential household:

The 2025 Capital Budget includes a total project cost of $12.5 million, funded through development charges, reserves, tax levies, donations, and grant funding from provincial and federal bodies. The budget features a mix of new initiatives and carryover projects, including:

• Listowel Nichol Park
• Listowel Hannah’s Haven Park
• Wallace Park Pavilion Renovation
• Asphalt Resurfacing
• Wastewater Treatment Plant Effluent Filters and Pump Replacements
• Atwood Core Revitalization and Water
• Public Transportation Needs Assessment
• Fairview Cemetery Columbarium
• Stormwater Rate Review

The development of the 2025 Budget emphasized public input and engagement. North Perth residents were encouraged to share their thoughts on the 2025 Budget through several channels: a Pre-Budget Survey conducted in late June 2024, Budget Meetings held from August to December 2024, and a Budget Feedback Form available in December 2024. The Council and staff of the Municipality of North Perth extend their gratitude to the public for their active role in shaping North Perth's future through the 2025 budget discussions.

View the full 2025 Operating and Capital Budget Report available on the North Perth website: www.northperth.ca/budget.

“I would like to thank everyone who has participated in the 2025 budgeting process. The 2025 budget addresses North Perth’s continued investment into assets and services that residents tell us that they value and rely on. We continue to be a growing community and look at the past, present, and future. The investments that are made today will ensure North Perth will be a strong stable Municipality for years to come”, commented 2025 Budget Chair Marc Noordam.

For questions, please contact:

Ashton Romany, Treasurer                              Marc Noordam, Budget Committee Chair

Municipality of North Perth                              Councillor, Municipality of North Perth

Email: aromany@northperth.ca                       Email: marcnoordam@northperth.ca

Phone: 519-292-2045

6.29% Property Tax impact for residential properties in North Perth