Oakville is committed to offering valued services and programs to residents and making strategic investments in community priorities. Each year the town’s annual budget is one of the most important tasks facing Town Council, and Council has directed staff to prepare a budget that keeps the overall tax increase in line with inflation. In an effort to meet this goal, Town Council is faced with new challenges and priorities, and tough choices must be made.
Town Council met its goal to keep overall tax increases in line with inflation with the approval of the 2017 Budget at its December 12 meeting. The approved 3.21 per cent increase to the town’s portion of the tax bill creates an overall 1.99 per cent tax increase when combined with the expected Halton Region increase and estimated education tax rates. The latest Toronto Consumer Price Index shows a 2.3 per cent annual increase. The budget also positions Oakville to keep overall tax increases in line with inflation out to 2020.
Read the Council approves 1.99 per cent overall tax increase news release for more details.