The municipal budget is the City’s business plan for the year. It describes the costs associated with providing the municipal services our community relies on, and the revenues that make these services possible. The budget enables residents to build an understanding about how taxes are used to invest in new infrastructure, repair existing assets and provide daily services that significantly impact the quality of life of residents in Greater Sudbury.
City Council Approves 2024-2025 Municipal Budget
Following deliberations by the Finance and Administration Committee, City Council approved the 2024-2025 municipal budget. The approved budget represents a 5.9 per cent tax change for residents in 2024 and a 7.3 per cent tax change in 2025, which will undergo Council review.
For a homeowner with a home assessed at $350,000 the approved budget means a monthly change of approximately $26.
The 5.9 per cent property tax increase can be broken down as follows:
A 0.5 per cent decrease in the operating budget for maintaining municipal services.
0.7 per cent for provincially mandated programs.
2 per cent contribution to capital.
1.5 per cent capital levy.
2.2 per cent for service partners, including Greater Sudbury Police Service, Public Health Sudbury & Districts, Greater Sudbury Public Library and Conservation Sudbury.
The municipal budget includes significant investments in numerous priority areas, including road work, transitional housing, major building repairs, community services and water and wastewater projects.
The municipal budget is the City’s business plan for the year. It describes the costs associated with providing the municipal services our community relies on, and the revenues that make these services possible. The budget enables residents to build an understanding about how taxes are used to invest in new infrastructure, repair existing assets and provide daily services that significantly impact the quality of life of residents in Greater Sudbury.
City Council Approves 2024-2025 Municipal Budget
Following deliberations by the Finance and Administration Committee, City Council approved the 2024-2025 municipal budget. The approved budget represents a 5.9 per cent tax change for residents in 2024 and a 7.3 per cent tax change in 2025, which will undergo Council review.
For a homeowner with a home assessed at $350,000 the approved budget means a monthly change of approximately $26.
The 5.9 per cent property tax increase can be broken down as follows:
A 0.5 per cent decrease in the operating budget for maintaining municipal services.
0.7 per cent for provincially mandated programs.
2 per cent contribution to capital.
1.5 per cent capital levy.
2.2 per cent for service partners, including Greater Sudbury Police Service, Public Health Sudbury & Districts, Greater Sudbury Public Library and Conservation Sudbury.
The municipal budget includes significant investments in numerous priority areas, including road work, transitional housing, major building repairs, community services and water and wastewater projects.
What key community priorities do you think we should consider when making budgeting decisions?
The City’s budget aligns with other long-term plans such as the City’s Strategic Plan, which outlines priorities specific to our community and includes actions to address them. The Strategic Plan 2019-2027 outlines key priorities for Greater Sudbury:
Asset Management and Service Excellence
Economic Capacity and Investment Readiness
Climate Change
Housing
Create a Healthier and More Vibrant Community
Advance Caring Services Post-Pandemic
The actions for each of these priorities are outlined in the Strategic Plan and help us achieve the long-term goals for our city.
The City’s budget is the annual plan for how tax dollars and other sources of revenue will be invested in the actions (services and projects) that help realize these goals.
What community issues and trends do you want to be considered when allocating money in the budget?
Provide your feedback below, and it will be provided to Council for consideration prior to budget deliberations in December.