2019 Budget

2019 Budget

Budget Overview

• Lincoln is one of the fastest growing municipalities in Niagara
  
• As such, to support smart growth principles, organization & community sustainability, and prepare for increased service delivery demand/needs, the 2019 Budget aims to invest areas focused on growth & development - infrastructure, service delivery, and programs & services.
• The Town also continues to invest in basic services as tax impacts over the past 10 years have allowed for sustained services, but no enhancements
• Affordability for our residents and businesses remains a focus in all decision-making
  • Lincoln remains the 2nd lowest in property taxes as a % of household income
  • Lincoln remains the 4th lowest in property taxes + water/wastewater as a % of household income

 

Overall Tax Levy Scenario 

2019 Blended Rate

Lincoln’s tax bill accounts for three agencies. In addition to the Town of Lincoln's portion (36%) of the tax bill, property taxes pay for the delivery of community programs and services by Niagara Region (including waste) (51%) and the school boards (13%).

The impact to property taxes is a combination of these three agencies. Often referred to as a blended rate and this is what a resident will see on their tax bill. This year’s blended rate is 3.70%.

Important to note that while Lincoln’s levy % is higher, when you consider it is only 1/3 of the property tax bill impact, Lincoln’s overall tax bill dollar portion (what you actually pay) is less than Niagara Region’s dollar portion. Niagara Region’s overall dollar impact is ½ of your tax bill.

Table - Impact on Total Tax Bill per $100,000 of Residential Assessment

Agency	Share of Tax Bill	2018 Taxes	2019 Increase	2019 Taxes
Town of Lincoln	36.52%	426.36	7.29%	457.43
Niagara Region	47.01%	567.08	3.83%	588.80
Region Waste Service	3.61%	44.26	2.10%	45.19
Education*	12.86%	170.00	-5.29%	161.00
Total	100%	1,207.70	----------	1,252.42

*Final impact, approved by Province

Overall Blended Rate = 3.70%
Overall increase to your tax bill from 2018 to 2019 = $44.72 (per $100,000 residential assessment)

Budget Impact to Property Taxes

Therefore, this year, the budget impact (4.45% blended rate increase) to a property tax bill are, per property assessment values of:

• $100,000 = $44.72
• $250,000 = $111.80
• $375,000 = $167.70
• $450,000 = $201.24
• $575,000 = $257.14
   

Value for Money 

A portion of every tax dollar is used to provide over 90 programs and services to ensure a high quality of life for residents.

 

Budget by the Numbers