2021 municipal budget to create 0.15 per cent property tax increase
City Hall budget talks have wrapped up and the 2021 spending plan calls for a 0.15 per cent property tax increase.
This will be added to the 1.5 per cent increase that was waived for 2020 as a credit to help deal with COVID-19. This means an actual bump of 1.65 per cent.
Mayor Bill Given says this credit amounted to a one-time grant that is not ongoing.
“Residents would have seen that reflected on their 2020 tax bill. The 2021 tax bill will be reflective of what their base would have been plus the 0.15 per cent that was reflective of the decisions council made.”