Kitchener taxes, water bills going up $131 next year
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Posted Dec 13, 2024 05:23:06 AM.
Last Updated Dec 13, 2024 11:47:59 AM.
Another city in Waterloo Region making the final decision on it’s 2025 budget.
Those living in Kitchener will be paying $131 dollars more next year in city taxes and water bills. The property tax increase alone is up 3.9 per cent, which works out to about $49 of that $131 increase.
“Today’s budget balances affordability, service demands, and responding to growth-related pressures,” said Kitchener Mayor Berry Vrbanovic. “Kitchener is a model of efficient, effective and sustainable local government in Ontario, where we plan for the needs of a growing community, while also making incremental long-term investments into our facilities, programs and services for the future.”
When broken down the adjusted payments work out as listed below:
- Property taxes: 3.9 per cent or $49 annually
- Water utility: 4.9 per cent or $23 annually
- Sanitary sewer utility: 6.9 per cent or $41 annually
- Stormwater utility: 7.4 per cent or $18 annually
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The budget supports numerous initiatives including a new library branch in southwest Kitchener and the new indoor recreation complex at Schlegel Park.
An extra $1 million in one-time funding was also passed to install or rehabilitate 10 basketball or tennis courts across Kitchener.
“I’m happy to see a budget that includes a new library and strategic investments across the city can still deliver a modest tax rate increase,” said Ward 1 Councillor and Chair of the Finance and Corporate Services Committee Chair, Scott Davey. “We’re on a steady course with our infrastructure investments – slow and steady wins the race.”
The full details of the Kitchener 2025 budget can be read here.