Thunder Bay’s city council has unanimously approved and ratified the 2025 operating budget.
It’s coming with a municipal tax levy increase of 3.77 per cent under the 3.8 per cent target.
“This budget strikes a balance between maintaining the services residents rely on today and planning for the future,” said Commissioner of Corporate Services and City Treasurer, Keri Greaves. “By keeping the increase under 3.8 per cent, we are acting responsibly while setting Thunder Bay up for long-term sustainability.”
The budget supports key municipal services, including emergency response, road and infrastructure maintenance, transit, and community programs, while also prioritizing strategic initiatives that encourage economic and population growth.
“Budgets affect everyone, and we want all residents to have the opportunity to learn, ask questions and share their priorities,” added Greaves. “While participation levels were lower than expected, we remain committed to strengthening engagement efforts in the future. We continue to explore new and creative ways to make participation more accessible and meaningful, from digital tools to community outreach.”
The capital budget was approved in December coming in at $161,808,500.
Moving forward administration is set to begin planning next year’s community engagement process.
They hope to create more opportunities for residents to be informed and involved in the process.
For more information on the budget click here.
