Yahoo Canada Web Search

Search results

      • The property tax hike holds the line Mayor Mark Sutcliffe promised for the first two budgets of his term. He said the money — including a $4.6 billion operating budget plus $1.24 billion on capital programs — is targeted to the city's most important and urgent priorities.
      www.cbc.ca/news/canada/ottawa/city-of-ottawa-draft-budget-with-2-5-tax-hike-tabled-at-council-1.7022019
  1. People also ask

  2. Sep 17, 2024 · Based on a 2024 report by Zoocasa, an online realty website, Ottawa homeowners pay the following property taxes, based on property value if residents see a 2.9 per cent property tax...

  3. Sep 16, 2024 · Under the direction approved Monday, which will be before city council Wednesday, the draft budget will set a tax increase of no more than 2.9 per cent, including funding for libraries and...

  4. Nov 8, 2023 · OTTAWA — The City of Ottawa released its 2024 draft budget Wednesday, a proposed $4.6-billion operational portfolio that keeps property tax increases capped at 2.5 per cent for the second year in...

    • Average Taxpayer on The Hook For An Extra $104
    • City Needs $39M to Balance Transit Budget
    • Recreation Fees Up 2 Per Cent
    • New Money to Fight Climate Change

    The 2023 budget calls for $4.5 billion in operational spending and another $1 billion for capital. For an owner of an average-assessed urban home, taxes would increase by $104, while a rural homeowner would pay an additional $85. Water and sewer rates are also set to rise in 2023, by an average of $38 for an urban homeowner or $10 for a rural homeo...

    The transit budget continues to be under pressure due to the ridership drop during the COVID-19 pandemic. The city is assuming 70 per cent of pre-pandemic ridership levels for 2023 and will freeze fares across the board, as Sutcliffe promised during the 2022 election. A fare freeze, Sutcliffe said, "not only helps with the affordability crisis but ...

    The budget includes a two per cent increase in recreation fees, in line with previous budgets, and a promise to make recreation and cultural programming more affordable for low-income families. It sets aside $4.5 million in new funding for social services in Ottawa, including $2.1 million for community agencies that support racialized youth, preven...

    The 2023 budget also creates stable funding of $5 million yearly for Ottawa's climate change master plan. "You invest in things now, like retrofits, and it'll save us money in the future. So I'm just really glad to see that base funding," said Capital ward Coun. Shawn Menard, who chairs the environment and climate change committee and pushed during...

  5. Dec 6, 2023 · Funding for most city departments, including police, is increasing by 2.5 per cent from last year, in line with the tax increase. Police chief Eric Stubbs has warned this proposed...

    • Marlo Glass
  6. The Mayor’s economic summit will lay the groundwork for new ideas and options to stimulate the local economy. Draft Budget 2023 also commits more than $4.3 million to support the work of Invest Ottawa in efforts to promote economic growth and job creation in our city.

  7. Sep 13, 2023 · The focal point of today’s Ottawa City Council meeting was a motion for the city’s plan to increase property taxes to no more than 2.5% under the proposed 2024 budget directions put forward by the Finance and Corporate Services Committee.

  1. People also search for