In an extraordinary session on December 20, the municipal council of Deux-Montagnes adopted a critical financial framework for 2024. The budget, summing up to $33.4 million, reflects the council’s effort to manage finances in a challenging economic environment.
Key Highlights of the 2024 Budget:
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Controlled Tax Increase: The tax rate sees a moderate increase of 3.55%, a figure notably below the current rate of inflation. This decision comes as part of the council’s commitment to maintaining fiscal responsibility while navigating economic pressures.
Additional Charges for Services: A specific increase of $20 is noted for the collection of residual materials. However, it’s worth noting that other rates remain unchanged for the upcoming year. For an average house valued at $313,500, this results in a total increase of 4.2% (tax rate plus tariffs), amounting to an additional $130.
Dealing with Inflation and Rising Costs: The council faced challenges with inflation and significant hikes in goods and service costs. For instance, the cost for collecting residual materials soared by 31% compared to the previous year, and wastewater-related expenses rose by 25%.
Focus on Minimizing Financial Impact: Despite these economic hurdles, the city’s primary focus was to minimize the financial strain on its citizens, who are already grappling with increasing consumer prices.
Mayor’s Statement:
Denis Martin, the mayor of Deux-Montagnes, emphasized the budget’s responsible nature in the prevailing financial climate. He highlighted the priority given to the affordability for citizens and the commitment to quality services. “Our objective is also to avoid burdening future generations and maintain our financial resilience,” stated Mayor Martin. He expressed pride in the budget, attributing its success to the diligence and innovative efforts of the elected officials and administrative team.
Major Investments for 2024:
Municipal Buildings: Renovations and upgrades worth $1.6 million.
Flood Resilience Project: A significant investment of $5 million.
Networks and Infrastructure: Allocation of $7.5 million for sewer, stormwater, and aqueduct systems.
Noise Barrier Construction: Investment of $2.5 million.
Vehicles and Equipment: An outlay of $1.6 million.
Parks Investment: $1.5 million dedicated to park developments.
These principal investments total a significant $20 million, with grants covering $12 million of this amount.
