On March 18, 2013, the City of Burlington approved the city’s 2013 current budget. The 4.46 per cent tax rate increase to the city's portion of the property tax bill, combined with the Region of Halton's increase of 0.8 per cent and an education increase of zero per cent, results in an overall property tax rate increase of 1.81 per cent or $16.69 for each $100,000 of residential urban value assessment.
Included is an increase to the hospital levy to $3.6 million, and an increase in funding for infrastructure, with $2 million dedicated towards the city's local roadway resurfacing program.
2013 Approved Budget »
Our goal is to ensure financial sustainability and demonstrate effective governance for the City of Burlington. One of the most important tasks for council each year is the city's annual budget. Budgeting is really about planning. The city's long-term financial plan was provided to council in November 2012. It serves as a guide for key financial policies and begins the process for establishing key performance benchmarks for the municipality to measure against future results and against comparator municipalities.