The Municipality of Grosse-Ile tabled a balanced budget in December of a little more than $1,228,000 for the year 2021 without any increase in property taxes for its residents.
"However, the increase in the value of the real estate stock is generating tax revenues that are about one per cent higher than last year," explained Mayor Rose-Elmonde Clarke.
The intergenerational municipal park project, which the town hopes to complete this year, is taking up a large portion of the finances with an estimated cost of $208,400, a quarter of which comes from the unrestricted accumulated surplus.
Clarke said that the developments will be carried out on the current site of the baseball field.
The budget includes investments to carry out the plans and specifications for the rehabilitation of Wide/Rock Mountain Road, 100 per cent financed by the Government of Quebec.
The municipality of Grosse-Ile is also releasing $7,000 from its fiscal year to acquire a truck, its first operational vehicle.
Finally, eight per cent of the expenses are devoted to debt repayment.
Here is CFIM's full interview with the mayor: