Penetanguishene Council Approves 2021 Budget
Penetanguishene - At last night’s virtual Council meeting, Penetanguishene Council approved the 2021 operating and capital budgets and the 2022 capital budget, which include expenditures totaling $22.9 million ($14.2 million operating & $8.7 million capital). Town staff worked closely with Council to meet the established budget target of 1.5% for the Town’s tax impact. After much hard work, the approved budget resulted in an increase of $168,806 ($59,376 or 0.5% Operating; $109,430 or 1.0% Capital and 0% Policing).