According to the 2020 municipal budget, most property owners in Lachute are paying 3.3 per cent more in municipal taxes this year, but development growth in the city is also contributing $480,000 more to municipal tax revenue in 2020. The city is also anticipating $115,000 more in grant revenue from the Québec government.
When the increases in tax and grant revenue are combined, it means that the city will spend $1,263,000 or 5.3 per cent more in 2020 than it did in 2019.
According to budget documents from the city, taxes for the average residential property in Lachute will be $2,376 in 2020, an increase of $77 from 2019.
Property taxes are projected to supply 74 per cent of Lachute’s municipal revenue in 2020, an increase of 0.5 per cent from 2019.
The 2020 budget includes changes to other fees for municipal services. The sewer tax is decreasing from 0.052 cents per $100 of valuation in 2019 to 0.050 cents per $100 in 2020. The wastewater treatment fee was 0.085 cents per $100 of property valuation in 2019, and it is decreasing to 0.084 cents per $100 in 2020.
The yearly flat rate for residential water service is increasing by $15.00 to $210 per dwelling. In 2019 it was $195 per dwelling. Water and sewer operations compose the largest category of the 2020 budget expenses at 20.8 per cent. The second-largest expense category is roads at 15.1 percent, and servicing the municipal debt is third largest at 14.9 per cent, followed by 12.9 per cent for recreation. The amount that the city gives to the MRC d’Argenteuil for its services is 5.6 per cent of the budget.
The city of Lachute is continuing a $21,132,900 capital investment plan in 2020. Some of those projects started in previous years and are being covered by external grants. Those projects include street and infrastructure improvements, the new public library, and the Synercité business park.