City of Thunder Bay to ratify 2024 budget with 5.48% tax levy increase

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Thunder Bay,Budget,Tax Levy

The City of Thunder Bay will ratify its 2024 budget on Monday night after arriving at a tax levy at Wednesday's budget meeting of 5.48 per cent after growth. Thunder Bay Coun. Andrew Foulds says he wants to see more investments in crime prevention to help address the systemic issues driving high policing costs in the city.

The City of Thunder Bay will ratify its 2024 budget on Monday night after arriving at a tax levy at Wednesday's budget meeting of 5.48 per cent after growth. Thunder Bay Coun. Andrew Foulds says he wants to see more investments in crime prevention to help address the systemic issues driving high policing costs in the city. The tax levy is the amount the city needs from taxpayers to fund city services and capital infrastructure programs. The city determined that a $231.

7 million levy was required for 2024. Last year's tax levy came in at 4.4 per cent after growth, thanks to a suite of cuts to staffing and services, and Police services were the largest expenditure, making up 21 per cent, or about one-fifth, of the city's tax levy. "Last year, we had a large increase. This year, we had another large increase," he said

Source: Healthcare Press (healthcarepress.net)

Thunder Bay Budget Tax Levy Crime Prevention Policing Costs

 

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