2016 budget

Suburbs

Operating budget summary

 

City of Kitchener tax rate increase

1.46 per cent

Annual impact of city tax rate increase on average household 280,000 assessment)*

$15

Assessment growth

1.29 per cent

Net tax levy requirement

$111,048,045

Stormwater rate increase

9.20 per cent

Annual impact of storm sewer rate on average household

$12

Water rate increase

7.60 per cent

Annual impact of water rate increase (204 mannual consumption)

$29

Sanitary sewer rate increase

10.80 per cent

Annual impact of sanitary sewer rate increases on average household (204 m3 annual consumption)

$47

Total impact on average household (tax + utility increases  excluding gas)

$103

* excludes impact of regional and school board tax rate changes as well as tax policy changes

Other financial resource

 

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