Achieving Council's direction to keep the total property tax increase in line with inflation, Oakville's 2015 Budget Committee has recommended a 2.79 per cent total increase to the town's portion of the tax bill. This recommendation will go before Council for approval on Monday, March 30, 2015. If approved, Oakville residents would see an overall increase to their property tax bill of 1.7 per cent in 2015 including the approved region increase and estimated education tax rates.
The 2015 Budget Committee also recommended that the overall property tax increases for 2016-2018 be in line with inflation.
The proposed increase to the town's portion of the tax bill includes a 1.63 per cent increase for the costs of providing town programs and services, and a 1.16 per cent increase in funding for infrastructure renewal.
The recommended $461 million combined budget for the town's operating and capital requirements will provide over 60 wide ranging programs and services including winter road maintenance, parks and trails, harbours, transit, emergency services, recreation and culture, senior services, libraries, and keeping the town's roads and other infrastructure in a state of good repair. Some of the top capital projects in this year's budget are:
Residents who wish to appear before Council as a delegate at the March 30 meeting should register by emailing townclerk@oakville.ca or calling 905-815-6015. The meeting will be held in Council Chamber at Town Hall, 1225 Trafalgar Road and is open to the public. For those who cannot attend the meeting in person, they will be streamed live at TownTV.ca.
To view the 2015 Budget documents visit oakville.ca.
