ABERFOYLE – Puslinch council approved its 2017 operating and capital budget with a local 3% tax increase.
For the median Puslinch residence of $582,500, the increase represents a $28.20 annual increase. The increase per $100,000 of assessment value is approximately $4.84.
“Puslinch council has passed a responsible budget that continues to focus on our key priorities,” said Mayor Dennis Lever.
“Even though overall spending has decreased, there is still an increase in taxes due to gravel pit assessment changes.”
Taking into account Wellington County’s 2017 preliminary budget and the 2017 estimated education tax rate, the blended tax impact for the median Puslinch residence of $582,500 is 2.54% or $143.10.
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