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City Budget: Property Tax, Frontage Levy Hikes
The city has tabled its proposed 2015 capital and operating budgets - and it's asking you for more money to balance the books, fix our roads and build rapid transit. Your property taxes will go up 2.3 per cent ($37 on the average $263,000). But the budget also proposes a hike to your frontage fees - from $3.75 to $4.35 ($30 for a 50 foot lot). This is the first frontage levy increase since 2011. That number could raise even higher depending on how much your school taxes rise. Many...
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