Town & County News

Leamington Passes 2024 Budget

At its December 14 meeting, Leamington Council passed the 2024 Operating and Capital Budget for the Municipality of Leamington, recognizing the unique challenges of ongoing inflationary pressures and the need to support the municipality’s rapid growth.

The approved budget will result in a 3.8% increase in the municipal tax rate. This translates to an annual increase of $93.89 for an average urban home in Leamington assessed at $190,000, or approximately $7.82 monthly. For every $100,000 of assessment, this increase amounts to $49.42.

Faced with a 3.8% inflation rate as of September 2023 and a prime interest rate of 7.2%, the budget process involved meticulous planning and prioritization. Despite these pressures, the budget ensures the continued delivery of essential services while investing strategically in infrastructure and community initiatives.

“As we announce the approval of the 2024 budget, our commitment to the well-being and prosperity of Leamington remains steadfast,” said Mayor Hilda MacDonald.

“The necessary tax increase, driven by inflationary pressures and the priority to address our community’s rapid growth, is a measured response to the economic realities we face. This budget reflects a delicate balance between sustaining essential services, investing in critical infrastructure, and acknowledging the needs of our residents. We understand the impact on households, and every decision made has been with a focus on maintaining the quality of life that defines Leamington.”

The 2024 capital budget, totalling $60.3 million, includes infrastructure investments for sewer separation and road reconstruction projects as well as carry-forward projects from 2023, which primarily focus on infrastructure growth, renewal projects, and parks. This strategic allocation supports the ongoing commitment to Leamington’s growth.

Major 2024 capital projects include:

  • Audrey/Margaret/Jane/Claire Sewer Separation
  • Seacliff Reconstruction – Phase 3-4
  • Road Resurfacing

2023 carry-forward capital projects include:

  • Mersea Park Renewal
  • Rick Atkin Park Renewal
  • Wigle/Orange/Setterington Mill Watermain Replacement
  • PCC Headworks Upgrade
  • Emergency Generator
  • Seacliff West Trunk Sewer Extension
  • Southwest Leamington Storm Water Management (SWM) Pond Construction
  • Oak Street Sewer Relining
  • Leamington Marina Parking Lot

For more detailed information on the 2024 Budget, please visit leamington.ca/budget

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