2025 Budget

Update April 29, 2025: Council approved the 2025 Budget and property tax bylaw, including a 0% core municipal tax rate increase. 

The total residential tax rate increase is 0.44%* and the Total commercial tax rate increase is 0.26%, and includes the:

• Core municipal tax rate
• Transportation levy, and 
• Recreation levy 

The Town is sending out combined assessment and taxation notices during the second week of May, two weeks early due to a possible Canada Post may strike at the end of May.

Update March 31, 2025: The Town has received the final 2025 property assessments. Overall, they have increased by 8.5%. In the draft budget we estimated an increase of 3.0% plus estimated a 3.38% residential and commercial tax rate increase. Because of the difference, Council is considering 6 options to adjust the budget (page 103). Council is considering the options and will make a final decision in the April 14 Council Meeting to pass the final budget. View details in the news feed.

On December 9,Council approved the 2025 draft budget, including a 3.38% property tax increase for residential and non-residential properties. Council also approved a utility rate increase of 3.44%.

• Learn about Budget Capital Plan, Financial Reporting, Budget Debt Payments
• Read the budget brochure online. You can also ask for a printed copy at the NexSource Centre, Municipal Government Building, or library

Have your say

• Resident priorities survey: September 4 - October 31, 2024 (See results)
• Budget chat with Council at the Info Night Fun Fest: September 5, 2024 (See results)
• Draft budget open house: February 25, 2025, NexSource Centre, 4:00 PM - 7:00 PM
• Ask budget questions and give feedback in the budget Ask & Answered
• Tell us your ideas to increase revenue without raising taxes