Lambton County Council has approved a net increase of 1.75% to the County property tax levy, finalizing the County's 2019 Budget earlier this month. In total, the budget calls for spending $216.5 million in 2019, $76.7 million of which will be raised through local property taxes.
Council committed to contributing $250,000 from its Opportunities and Contingencies Reserve to the Lambton Children's Safety Village project, contingent upon support for the project from local school boards, the delivery to Council of a full report detailing how the Safety Village will operate, and the issuance of the project's related building permit.
50 capital projects totaling an estimated $20.4 million will proceed in 2019, including the replacement of Bear Creek Bridge, the resurfacing of various County roads, and the reconstruction of portions of County Road #2 (Bentpath Line), County Road #80 (Courtright Line), and County Road #9 (Northville Road).
$6.4 million will be directed to various reserves and reserve funds in 2019, which are used to finance large, necessary projects that may arise in the future or to pay for unexpected opportunities and emergencies.