The Strathroy-Caradoc 2025 budget is expected to be presented for potential approval in early February, approximately two months earlier than the 2024 budget timeline.
At this week’s council meeting, it was reported that the Finance Committee convened five times between October 2024 and January 13, 2025. During its January meeting, the committee recommended a total taxation levy of $24,427,860, representing a 5.6% increase over 2024. This corresponds to a 4.5% increase in the tax rate compared to the previous year.
The committee also decided to cancel any remaining meetings and move forward with the proposed budget for Council’s consideration on February 3, 2025.
Written by: C. Soares