The City’s draft budget for 2022 will be tabled at a special City Council meeting on Wednesday, November 3.
On Wednesday July 21, Council approved directions and timelines to develop the draft budget, which will include an overall increase of no more than three per cent to the municipal tax rate. This would see the average urban homeowner pay an additional $119 per year, while the average rural homeowner would pay an additional $91 per year. The city-wide levy, which funds most City services, would increase by 2.6 per cent, while the transit levy would increase by 4.5 per cent, for an overall three-per-cent tax rate.
Council will adopt the final budget on Wednesday, December 8.