It’s a first at the district level.
District Council approved a multi-year budget yesterday (Jan. 16).
The 2025 budget will see an operating levy of $101M and an investment of $109M in capital. In 2026, the operating levy goes to $106M, while it will see an investment of $56M in capital.
Residents will see a 4.52% increase this year (2025) and a projected 3.62% increase next year (2026) on the District portion of their municipal property taxes to fund municipal services.
Officials say the budget maintains all service levels, with key investments including $53M to Fairvern Long-Term Care Home to continue with redevelopment and expansion; $20M to invest into community and affordable housing, $17M for paramedic services and more.
