BURLINGTON, ON – Burlington City Council today approved the city’s 2009 operating budget resulting in an overall tax increase of 2.81 per cent, or $29.41 a year for each $100,000 of residential assessment.
“Council worked hard on this budget and took the time to find more savings,” said Mayor Cam Jackson. “Taxpayers told us to keep at it, to deliver meaningful reductions and since last July, we’ve trimmed more than $4.6 million from the original staff estimates. I’m very proud of the hard work Council and staff have done in delivering a leaner budget.”
There are two components to the city’s budget: the capital budget, which the city sets aside to cover the costs of building and renewing city roads, bridges, parks, recreational centres, arenas, pools and libraries; and the current or operating budget, which pays for city services such as recreation, public transit, snow removal, road maintenance and fire services.
For every dollar of property taxes, 38.3 cents goes to the city and 61.7 cents goes to the region and the education levy.
“This is the right budget at the right time,” said City Councillor Rick Craven, Chair of the city’s budget and strategic planning committee. “As budget committee chair, I am pleased to have worked with such a dedicated group of Council members who wish to provide high quality services while aiming for the lowest possible tax impact.”
The city encouraged people in Burlington to have their say about how tax dollars are spent, holding public information sessions, conducting a citywide survey into capital priorities and hosting an online survey in 2008.
The City of Burlington has an annual operating budget of $177.1 million and a capital budget of $69.4 million. In 2008, MoneySense magazine named Burlington the best city to live in the GTA and one of the best in Canada. For more information about Burlington or Budget 2009, visit www.burlington.ca.
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Manager, Public Affairs