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Waterloo looking to affirm 3.1 per cent tax increase

After passing through a three-year plan, Waterloo city council is looking to finalize a 2022 plan that would come with a 3.1 per cent tax increase
Waterloo City Hall
Waterloo City Centre

Spending plans are back on the table for Waterloo city council.

Council will discuss their 2022 plans on Monday, and if all is approved, the average household could be looking at an impact of $81.

Just over half of that (around $43) would be on a tax increase, as council looks to re-affirm a plan to increase the budget, with a 3.1 per cent tax increase.

The rest would come from water and storm water costs . A three per cent increase for drinking water ($30), five per cent for storm water ($8).

For those a little lighter in the pocket book because of the pandemic, council is also looking at a provision to put in a program that would allow residents and businesses to apply for a 60 day deferral on property tax payments.

Some of the capital budget items for next year include a number of recreation items, from rehabbing artificial turf at RIM Park, upgrades to ball diamonds, the multi-use trail on Northfield Drive, from Bridge to University.

There's also decorative street lighting on Caroline, and watermain work on Erbsville.

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