City council approves 2016 operating and capital budgets - City council approves 2016 operating and capital budgets
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null City council approves 2016 operating and capital budgets
December 16, 2015 -
Last night, Kingston's city council approved a 2016 tax-supported operating budget of $348 million, a capital budget of $70 million and utility-related operating budgets of $94 million.
The municipal operating budget incorporates a 2.5 per cent tax rate increase – one per cent of which is earmarked for infrastructure.
"The 2016 budget is in line with council's direction to limit the annual tax rate increase to 1.5 per cent for operating costs, plus 1 per cent towards maintaining our roads and other infrastructure," says Mayor Bryan Paterson. "To deliver the budget at 1.5 per cent, lower than the rate of inflation, over $1 million in savings and efficiencies had to be found across all City departments. As a smart and livable 21st century city we are constantly working to find better and more efficient ways to deliver better value for taxpayer dollars, this budget is a showcase of those efforts."
For a homeowner with a house that has an average market value assessment of approximately $282,000, a 2.5 per cent tax increase amounts to approximately $6.50 a month.
From emergency services to culture and heritage, from roads and sidewalks to recreation centres, your property taxes support a wide-range of services that add to your quality-of-life.
To learn more about the City's budget, go to www.CityofKingston.ca/city-hall/budgets/faq.
To see the Kingston's Strategic Plan, 2015-2018, go to www.CityofKingston.ca/apps/councilpriorities/
About the City of Kingston
The City of Kingston provides municipal services to 125,000 residents living in this visually stunning, historic city, often ranked one of the best places to live in Canada. In 2014, it was named a Top 7 Smart Community by the Intelligent Community Forum. Kingston is focusing on being smart and livable as it pursues its vision to become Canada's most sustainable city. We focus on environmental responsibility, social equity, economic health and cultural vitality - - ensuring that today's decisions don't compromise our future. Please visit www.CityofKingston.ca and join the conversation on social media.
Media contact: For more information call the communications department at 613-546-4291, ext. 2300.