Rubber stamping the 2022 Operating and Capital Budget in Thunder Bay.
Only At-Large Councillors Rebecca Johnson and Peng You voted against ratification Monday night with the Municipal Tax Levy at 2.42 before growth and 2.36 per cent after growth.
The levy is only one part of what you’ll end up paying in terms of property taxes for 2022.
City Treasurer Linda Evans has stated that your bill will be determined through the tax policy report, which is when council will further decide how much of that levy will be paid by each of the property classes.
Evans has maintained in previous conversations with Acadia News that there’s no direct correlation between increases to the tax levy and what your property taxes end up being.
It all comes down to the amount of the tax levy that’s finalized and what your property assessment value is based on the Municipal Property Assessment Corporation (MPAC).
Tax Levy Increases
- $1.6 million for Police Services
- $1 million capital financed by the tax levy
- $1 million in expansions, including Licensing & Enforcement, Parks (Pool 6) and Superior North EMS
- $500,000 in Program and Services Review implementation including HR Recruitment, Digital Strategy and Municipal Recycling Program
- $500,000 in Insurance premiums
- $300,000 for Outside Boards
- $200,000 for the Police Services Board
Tax Levy Decreases
- $1.3 million in tax write-offs, insurance claims and legal fees reduction based on recent trend analysis
- $800,000 in Increased Ontario Municipal Partnership Fund allocation
- $600,000 in reduced Thunder Bay Fire Rescue staffing costs in accordance with the Thunder Bay Fire Rescue Master Plan
- $300,000 in user fee increases
The estimated impact of COVID-19 in 2022 is $7 million.
