On December 14, 2015, meeting its commitment to keep the overall property tax increase in line with inflation Oakville Council unanimously approved a 2.4 per cent increase to the town’s portion of the tax bill. When combined with the expected regional increase and estimated education tax rates the overall property tax increase is 1.66 per cent or $14.14 per $100,000 of assessment. This means a home assessed at $400,000 would pay an additional $56.56 per year or $1.09 per week.
Council has approved the 2016 rates and fees recommended by the Budget Committee. On average, rates and fees will increase between two and three per cent which will generate close to $957,000 in revenue to help fund valued programs and services. Visit the 2016 rates and fees page for details.
Mayor Rob Burton
Councillor Tom Adams - Budget Committee Chair
Councillor Cathy Duddeck
Councillor Allan Elgar
Councillor Jeff Knoll