Each year, Council adopts the Municipality's annual budget for the next fiscal year at a special meeting held in mid-December.
The annual budget represents all operating expenses that provide Chelsea residents with essential services such as waste collection, snow removal, recreational activities, etc.
At a extraordinary sitting held Tuesday, December 15, Municipal Council unanimously adopted an operating budget of $21.3 million for the year 2021. This budget focuses primarily on sound financial management, the environment and active transportation.
Council also adopted a property tax freeze on the annual account for an average residence.
For 2021, the property tax rate is reduced by 6%:
The filing of the new three-year assessment roll 2021-2022-2023 showed an average increase in taxable assessments of 6% across all categories. As a result, Council voted in favour of an equivalent decrease in the property tax rate for both residential and non-residential properties. This is in addition to the increase in revenues generated by new developments, which results in a property tax freeze for an average residence.
Investments in environment and active transportation
The budget also includes nearly $4 million allocated to debt service payments and $6.2 million in salaries and benefits. The remainder of the budget is for the normal operations of the Municipality and the maintenance of services to citizens.
Triennal Capital Expenses Program 2021-2022-2023
Municipal Council adopted its Triennial Capital Expenses Plan (TCEP) for the years 2021, 2022 and 2023 on November 3. It includes investments of $20,258,385 divided into annual phases.
Chelsea residents will receive their tax bills by the end of January. This will be accompanied by a brochure explaining the budget highlights.
Payment of the four coupons is due on the following dates:
For details regarding the payment of municipal taxes, click here.
At a special meeting held on Tuesday, December 17, Municipal Council adopted its operating budget for 2020.
Tax increase of 3.4% caused by, among other things:
The cost of the water and sewer system for the centre-village this year is close to the forecasts made at the beginning of the infrastructure project. The variance from previous years is explained by the increase in operations and maintenance expenses, which vary according to the number of homes and businesses connected to the network.
Water filtration plant
Wastewater treatment plant
The increase for the Farm Point area is due to the need to empty aerated wastewater treatment tanks, a procedure carried out every seven to eight years to ensure water quality at the tank outlets.
As provided for in the Municipal Code, Council must adopt, each year, a triennal capital expenses program for the following three years. It provides a global vision of projects in order to better anticipate financial needs.
This program has to be divided into annual phases. It must detail, for the period coinciding with it, the purpose, amount and method of financing the capital expenditures that the municipality plans to make and whose financing period exceeds 12 months.