Waterloo city hall is considering an increase of 6.9 per cent next year in the cost of taxes and utilities for a typical household, adding $210 to current household costs estimated at $3,042.
City council will vote on proposed increases at a meeting Dec. 8.
Approval would increase property taxes by $107, up 6.4 per cent on the city’s portion of property taxes. Council previously approved this, but must confirm it to conclude a three-year budget.
It would be the highest tax increase of council’s four-year term.
City hall proposes to increase utility bills by $103, up 7.5 per cent for drinking water and for drainage-related stormwater fees.
These estimates are for a typical home that pays a medium stormwater fee, uses 17 cubic metres of water per month, and is assessed at $405,000 for t

Waterloo Region Record

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