Increase would see the average urban homeowner’s tax bill jump $119 to $4,086, while the average commercial property owner’s tax bill would rise $242 to $8,312.
The average commercial property owner will shell out an additional $231 under a draft budget framework approved by a city committee on Tuesday.
Council unanimously approved a three per cent property tax hike in 2020 to cover the city’s $3.76-billion operating budget for next year, up $136.8 million over 2019
Mayor Jim Watson laid out the City of Ottawa’s proposed fiscal blueprint for the coming year at council Wednesday morning, with increases planned for transit and infrastructure funding
Ottawa is looking to close its infrastructure gap more quickly and provide more affordable housing in its 2019 draft budget tabled at Wednesday’s city council meeting.
When transit levies and garbage fees are included, the average urban homeowner will pay the city $3,724 next year, an increase of $76 over 2017.