- Municipal Council
Mount Royal, December 13, 2010 – Mount Royal mayor, Philippe Roy, presented the highlights of the Town’s 2011 operating budget at this evening’s Council meeting. The $76.7 million budget includes a triennial capital expenditures program totalling $8.3 million.
As explained in the presentation, the new municipal administration has decided to keep the property tax increase as low as possible while continuing to provide quality municipal services adapted to the needs of Mount Royal’s citizens.
In 2011, expenditures will rise 4.1%, compared with the 2010 budget, while the relative increase in the aliquot share paid to the Urban Agglomeration of Montreal will be 3.2% or nearly $1.3 million.
One striking fact: under the Roy administration, the investments being increased the most are those related to sensitive environmental issues such as maintaining the urban forest, planting new trees and collecting green waste. The 2011 budget also includes funding to begin preparations for activities to be held in conjunction with Mount Royal’s centennial, which will take place in 2012.
“With this budget, we confirm our intention not to deviate from the course set by Vera Danyluk,” Mayor Roy said. “While maintaining our desire to minimize increases in citizens’ tax bills, we will continue working to rehabilitate the Town’s infrastructures and implement green and environmental measures.”
Accordingly, through the triennial capital expenditures program, the municipal administration will continue work on with the huge $4.1 million project to repair and rebuild road infrastructures, in particular Rockland Road.
The Town will also invest $1.4 million in the water distribution and sewer system and move forward with phases II and III of the project to install new water meters at a cost of $0.8 million. In addition, it will allocate $0.8 million to renewing its fleet of vehicles and heavy equipment, spend $0.2 million to redevelop green spaces and invest $0.1 million in improving the physical environment of the Pierre-Laporte pool.
These investments will be funded in part by borrowing, grants (including one from the TECQ program for water distribution and sewer systems), working capital and capital reserves created for the purpose by the current Town Council.
Lastly, it should be noted that the elected officials have decided to reduce the use of accumulated surpluses to fund the Town’s operating expenses. Instead, accumulated surpluses will now be used to fund capital projects (such as the library expansion, if necessary), pay down the long-term debt and offset unforeseen events and situations which may arise.
The impact of the budget on tax bills corresponds to an average increase of 3.76% for taxpayers who have an average single-family dwelling assessed at $784,133. (January 1, 2001, sees the coming into effect of the new property assessment roll.) The overall change in property values for Mount Royal is an average increase of 19.8%.
With this new budget, Town of Mount Royal has maintained its commitment to offering its residents one of the lowest tax rates on Montreal Island.