If you didn't like the 7% increase tax increase - you won't like the 7.82% that was put on the table this morning.

By Pepper Parr

June 26th, 2023

BURLINGTON, ON

Hang on real tight.

The next budget will result in a tax increase from the 7% last time out to 7.9 for 2024.

Here is the schedule that will get all the details to you.

perryb

June 26, 2023 at 11:06 am

I do not understand the math. 2024 overall increase is 6.82%, so the city share of this is irrelevant except as an indicator that other non-city components have a lower increase, which is probably good. Thanks Halton, I guess.
But “simulation” is kind of a fuzzy concept – i.e. best guess with an unstated margin for error.
Also, 7.44% is not 7%, and 7.82%is not 7.9%.

I’ll wait to see the real numbers before panicking.

If you didn't like the 7% increase tax increase - you won't like the 7.82% that was put on the table this morning.

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