Kingston City Council Approves 2015 Budgets

Published on: 2015/02/08 - in Featured Releases

This past week, Kingston city council approved:

– the 2015 municipal operating budget of $338 million, which incorporates a 2.5 per cent municipal tax rate increase
– the 2015 municipal capital budget of $170.8 million, which includes a four-year road infrastructure program to align with Utilities Kingston’s multi-year capital plan
– the 2015 municipal utility operating budgets of $95 million and a multi-year capital budget of $215 million

Early in 2015, council will begin a strategic planning process which will determine the priorities of council for the current term including the parameters within which tax rates will be set. This plan will provide direction to the City of Kingston for future budgets and set conditions necessary to work collaboratively to achieve the priorities over the term of this council.

“This budget provides continued investment in our community, in our people and the services we depend on. Moving forward you can expect to see continued efforts to find new and innovative ways of providing services and maximizing the value from every tax dollar,” said Mayor Bryan Paterson. “With the passing of the budget, council now looks forward to setting our priorities for the term and considering investment in capital projects such as the airport expansion, the third crossing and the waterfront.”

For a homeowner with an average market value assessment of $272,000, a 2.5 per cent municipal tax rate increase amounts to $6.50 a month.

Your property taxes support a wide-range of programs, services and related infrastructure, including: roads, bridges, sidewalks and parks construction and maintenance; waste and recycling collection; public transit; community arenas and fitness centres; arts and culture; affordable housing; Rideaucrest long-term care facility; Kingston Police; Kingston Fire & Rescue; and Kingston Frontenac Public Library.

To learn more about the City’s budget, go to CityofKingston.ca/budget.


Release source: City of Kingston | PhotoDoug Kerr (cc)