Back to SearchOn Tuesday, May 20, Council approved the 2025 tax rates and ratios for the City. The 2025 Capital, Solid Waste, and Water and Wastewater Utility Budgets were approved on November 19, 2024, and the 2025 Operating Budget on March 18, 2025.
The 2025 approved budget represents an 8.12% increase in the City’s residential municipal tax rate over 2024.
City Council and Administration approach the annual budgets with a primary focus on maintaining existing services while also addressing the needs of future generations. Our goal is to ensure residents have access to resources that foster a safe, healthy, and connected community. Each budget details how the City will fund essential services and programs while managing over $1.2 billion worth of critical infrastructure.
To maintain City services and infrastructure, a $2,820,424 increase from the 2024 budgeted tax levy was required. The tax levy growth in assessment is $302,331 leaving an increase of $2,518,093 to be allocated as follows:
- $1,107,832 or 3.57% to go toward expenses to External Organizations
- $1,050,286 or 3.39% to go towards Operating Budget
- $359,975 or 1.16% to go towards Capital Budget
View the 2025 Capital, Operating, and Utilities Budgets and Council discussions online at the Council Agenda and Minutes webpage.
Key Capital Investments
- $3.1 million for paved road network improvements, including $798,000 for Highway 17 from Winnipeg River East Bridge (hospital bridge) to the west, and $1.2 million for Ninth Street North, west of Twelfth Avenue North to Beaver Brae Secondary School.
- $3.0 million for the water main and wastewater collection replacement and rehabilitation program.
- $1.5 million for Water and Wastewater Treatment Plant upgrades.
- $576,000 for hard surface and loose top roads.
For details about other 2025 key projects and future capital initiatives, visit the Frequently Asked Questions section of the Budget and Finances webpage.
The Government of Ontario has extended its freeze on province wide reassessment, while it undertakes a comprehensive review, thus property assessments for the 2025 property tax years All Ontario municipalities continue to be based on the 2016 assessment values.
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