The 2025 municipal budget has been approved in Bracebridge.
Yesterday (Dec. 11) council approved a 9.5 per cent tax rate increase.
Based on a 2016 residential assessment of $300,000, the 9.5 per cent tax rate increase equates to an additional $148 per household for the year.
The Town of Bracebridge says the budget focuses on “incorporating operating costs of the new Muskoka Lumber Community Centre, maintaining low long-term average growth in the Town’s tax rate, and prioritizing critical investment in municipal services and infrastructure in a continuously challenging fiscal environment.”
“The 2025 Municipal Budget and Business Plan is a reflection of Bracebridge’s forward-thinking approach to growth and community building,” shares Rick Maloney, Bracebridge Mayor. “This budget not only supports exciting initiatives like the Town’s 150-year anniversary and the Muskoka Lumber Community Centre but also ensures critical investments in infrastructure and public safety. These priorities enhance quality of life for all residents while laying the groundwork for a strong and vibrant future.”
Key Initiatives in the 2025 budget Include:
- Muskoka Lumber Community Centre: Allocations to ensure the successful full-year operation of the new state-of-the-art facility, which will serve as a cornerstone for sports, arts, culture and community events
- Bracebridge 150 Anniversary: Funding for celebratory events, the development of legacy projects, including the creation of the Bracebridge 150 forest, and upgrades to historical and cultural landmarks like the Memorial Park Bandshell
- Road and Infrastructure Upgrades: Continued investment in critical capital projects to rehabilitate roads, enhance storm drainage, and improve parks and trail systems
- Public Services and Safety: Enhanced resources for fire services, winter maintenance, and emergency preparedness
- Support for Growth: Strategic staffing additions to meet the operational demands of growing community facilities and road networks
“This budget reflects a collaborative effort to address the current and future needs of Bracebridge,” says Stephen Rettie, Chief Administrative Officer, Town of Bracebridge. “It includes significant funding for roads, parks, and essential services while incorporating strategic investments in staffing and facilities to meet growing demands. The operationalization of the Muskoka Lumber Community Centre and our sesquicentennial celebrations are key highlights, but every dollar in this budget is part of a thoughtful plan to ensure sustainability and efficiency. We remain committed to transparency, fiscal responsibility, and delivering value to residents.”
