Saugeen Shores Reducing Tax Levy

Saugeen Shores reducing tax levy

The proposed 2026 budget originally included a 2.2 per cent levy increase to support municipal operations.

Saugeen Shores council uses reserve to reduce rate increase and ease tax fatigue

It is the proverbial “rainy day” for tax-fatigued Saugeen Shores taxpayers who were handed an umbrella by Town councilors who voted to dip into the Tax Stabilization Reserve (TSR) to lower taxes next year, despite a staff caution that money will have to be made up in a future budget.

Council amends 2026 Business Plan to Reduce Tax increase

At its meeting on December 8, Saugeen Shores Council voted to amend the 2026 Business Plan by transferring $470,000 from the Tax Stabilization Reserve to reduce the proposed tax increase from 2.2% to 0.6%, excluding police. This adjustment reflects Council’s recognition of the financial pressures facing residents and aims to provide temporary relief from rising everyday expenses. The amended budget also includes a significant $19 reduction to th…