Tonight the North Huron draft budget was presented to council, below are a few highlights. Please note that your assessment will be approximately 4.5% higher than last year.
The new tax rate for Wingham is 2.155%.
Taxes on a $169,000 home in wingham would be $3,641 a year.
Taxes on a $389,000 home in Wingham would be $8,382 a year.
Blyth’s new tax rate is 1.762%.
Taxes on a $169,000 home in Blyth would be $2,977 a year
Taxes on a $389,000 home in Blyth would be $6,854 a year
North Huron has approximately 100 people on the payroll for a total cost of $4,749,403.00 a year, or $91,334 a week.
North Huron raises $4,233,413 through property taxes, which is half a million less than they spend on their salaries. NH actually spends 112% of tax revenue on their own salaries.
The North Huron budget will be online in the coming days.