Dollard-des-Ormeaux, November 28, 2022 — The municipal council has approved the development of targeted fiscal relief initiatives aimed at softening the ballooning economic constraints affecting residents of Dollard-des-Ormeaux.
The rise in interest rates, combined with the staggering increase in costs for family essentials like the 10% in the cost of food and 14.01% in the cost of fuel, have made the creation of a targeted relief plan to support residents during these trying times a high priority. Previous years of sound economic policy have provided the City with some latitude which equates to fiscal options that can positively impact the families of Dollard-des-Ormeaux.
As Dollard-des-Ormeaux prepares its municipal budget for 2023, the planned relief measures will also take into consideration an expected rise to the Shared Services costs, which will be applied to Dollard homeowners by the Montreal Agglomeration. The property tax assessment (the Evaluation Roll) of single-family homes in Dollard-des-Ormeaux has gone up by 47%, bringing the overall average for all properties up by 45.1%, which suggests that a significant increase in the Montreal Agglomeration Shared Services assessment is expected.
