Tecumseh residents will be looking at a 2.1% tax increase for 2018 - that amounts to about $36 on a home assessed at $250,000.
Council approved the budget Tuesday night with few changes to the original draft document.
Mayor Gary McNamara says taxpayers will continue to get the services they're used to while seeing additional funds put toward the town's flooding subsidy initiatives, the downtown community improvement plan and preparation work for a new sportsplex at Tecumseh Arena.
He says $150,000 is being added to the backwater valve program after a major uptake due to flooding.
What we're hoping is that, no pun intended, but we're plugging the hole so to speak. Residents, take advantage of this situation because the real benefit is, obviously a dry basement, but the other advantage as well is when you go purchase insurance, those measures will help you get insurance."
McNamara says the downtown CIP is being bumped up from $75,000 to $125,000 to help further rejuvenate the core.
"What we've seen is new businesses now that have established themselves. We've got two, they're just about ready to start, condominium developments that are there. This makes sense, good business sense, to be there to be able to service this rise in the population. So there's going to be a real renaissance in that corridor."
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He says $400,000 is being set aside to ensure the sportsplex project is "shovel ready" when government funding becomes available in the spring.
"Get the concept drawings out, re-engage the community, all the partners that are out there, laying the ground for our fundraising component. In order for us to do that, you've got to give them something that's tangible, that makes sense, that's sellable."
McNamara adds, the $400,000 sportsplex allocation will not impact the final tax rate as the money is being pulled from reserves.
Tecumseh's 2018 budget will get the final stamp of approval at council's December 12 meeting.