2016 Budget Summary
The final 2016 budget was passed by Council on January 25, 2016. The following are summaries of the property tax and levy implications:
- Total 2016 Municipal Tax Levy is $53,385,938 (2015 was $51,290,598, 2015 adjusted levy was $51,973,608)
- Net 2016 Tax Levy Increase is 2.72% (2015 Net Tax Levy Increase was 2.59%)
- Total 2016 Municipal Tax Levy increase is 4.09% (2015 was 3.88%)
- Average 2016 Residential Municipal property tax increase is 2.99%
- Average 2016 Residential Total property tax increase is 2.40% (including education rates)
- The average Residential tax bill will increase by approximately $84.33 per year (based on average assessment of $256,676)
The figures below represent the average property tax burden on a single detached dwelling and what services those property taxes are attributable to:
2016 Residential Tax Burden
Municipal Tax Paid By Service
2016 Grants
See the Report to Finance & Labour Relations Committee March 07 16 for a final list of grants approved by Council on March 29, 2016.
2016 Budget Documents
See documents for the 2016 budget