Guelph’s 2025 Tax levy finalized
Guelph, Ont., January 22, 2025 – Today at a special council meeting, Guelph’s Local Boards and Shared Services (LBSS) presented their updated 2025 budgets to City Council. Council approved the updated budgets with a net tax levy increase of 3.12%. Earlier in November 2024, Council adopted the City services budget, accounting for an increase of 3.66%, bringing the net tax levy impact for 2025 to 6.78%. This translates to a $322.72 annual increase based on the 2024 median residential property assessment for a single detached home and the 2024 tax policy, of which $174.21 will support City services, and $148.51 is for LBSS. “On behalf of City Council, I extend thanks to our local boards and shared services for presenting their budgets today” commented City… Continue reading Guelph’s 2025 Tax levy finalized