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Home » Waterloo » Householders in Waterloo Area to pay 9.48 per cent extra on area’s 2025 property tax invoice
Waterloo

Householders in Waterloo Area to pay 9.48 per cent extra on area’s 2025 property tax invoice

December 23, 20244 Mins Read
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After councillors did not set Waterloo Area’s 2025 price range in a marathon assembly earlier this month, councillors gathered once more on Thursday to attempt to hammer down what was as soon as a ten.45 per cent property tax hike.


Councillors stayed up late into the night time, attempting to finalize subsequent yr’s price range.


At one level, that they had the tax enhance all the way down to 9.79 per cent, however by the point everybody left the horseshoe, the speed rose barely to 9.83 per cent.


Deliberations started once more on Friday, with a brand new determine earlier than council.


“With a levy reduction of $2.642 million, the overall impact on the region’s portion of the tax bill is now 9.89 per cent. When factoring in a police increase of 8.56 per cent, we’re at an overall tax levy impact of 9.48 per cent,” Chris Wilson, the area’s manger of company budgets, mentioned throughout Friday’s assembly.


He defined the 9.48 per cent enhance would quantity to roughly $241 extra per yr for the common property within the area. Nonetheless, the ‘average property value’ was calculated utilizing statistics from 2016, which means the common property worth was valued at $354,500.


‘The provincial government is failing municipalities’


The price range dialogue sparked some heated exchanges.


“I think if we’re actually bringing forward a budget of this increase at a fiscally difficult time for so many people when, regardless of what your politics are, we’re seeing federal and provincial governments recognizing that people are hurting and we need to help them here, an increase that’s almost double digit, in my view, is abdicating our collective responsibility,” mentioned regional councillor and Kitchener Mayor Berry Vrbanovic. “It makes me sad therefore that, for the second time I think in 40 budgets, that I’ve been part of regionally and municipally, that sadly for the second time I’m going to have to be voting against this budget.”


“There are some good things in this budget without question,” he added. “But the reality is this budget is going to make more people homeless, this budget is going to make life more difficult for people in this region, and I can’t support it in its current form.”


Regional Councillor Robert Deutschmann responded, saying he was stunned by Vrbanovic’s feedback.


“I will not accept someone saying we’re going to make more people homeless. We are helping a lot of people. This region works hard to deal with the homeless population. We’re doing everything we can. And as a responsible council we said eight per cent, and we’re just above eight per cent, so we’ve done a good job with this budget. And we’ve taken the steps required in order to responsibly put forward a budget dealing with the issues we deal with. And I hear comments about the provincial and federal government? We spent almost $200 million on provincial initiatives with the local levy. I don’t want to hear about the provincial government doing their job. The provincial government is failing municipalities right now. It’s failing municipalities, it’s failing on the homelessness, it’s failing on those who are drug addicted. Because they’re abdicating their role of assisting us in ensuring we have sufficient funding to deal with the issues. So, if our budget has to be higher, it’s because we have to step in, unfortunately, through the property tax base with our own views, wherever we come from on the political spectrum, and decide who we want to help and how we want to help them. This budget it a reflection of that,” he mentioned.


“My friend wants to talk about working hard? I refer back to that police budget. There was not ‘working hard’ with respect to certain items in that police budget. So, now I’m hearing a different comment about that on our staff. And that’s the issue.”


Regional Councillor Mike Harris additionally voiced his frustration with the provincial authorities.


“We’re seeing governments announce rebate checks and HST holidays whereas we’re having to determine if we’ll minimize dental look after our most weak or offering social housing for homelessness that we are able to see on daily basis on our streets,” Harris mentioned.


Highlights of the price range


In the end, the 2025 price range handed with extra funding for paramedics, enhancing excessive climate helps for folks experiencing homelessness and expanded bus providers on overcrowded routes.


Nonetheless, the price range additionally included some measures to maintain prices down, together with delaying the reopening of Doon Village to 2026.



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