News from Niagara, Ontario’s Regional
This February 20th, 2015 Niagara Regional Council approved the Region’s 2015 budget. This budget focuses on maintaining existing services and supporting new programs that will enable economic prosperity, while limiting the impact to tax payers to less than the rate of inflation.
Residents will see an increase of approximately 1.92 per cent in Regional taxes this year, after Council passed its 2015 tax supported operating budget of $321.9 million. For the average house assessed at $236,134, the 1.92 per cent budget tax increase will result in an additional $27.50 per household.
“Niagara Region’s 2015 budget is focused on maintaining current service levels and new initiatives that will encourage economic prosperity in Niagara,” said Regional Chair Alan Caslin. “This budget enables us to invest in GO transit throughout the Region and advance inter-municipal transit, will improve front-line emergency services, and will foster a welcoming environment for the private sector to bring investment and new jobs to Niagara.”
“For 2015, we’ve kept the tax increase low by becoming more effective and efficient, thereby identifying $2.41 million in sustainable cost savings”, said Councillor David Barrick, Chair of the Budget Review Committee of the Whole. “This approach aligns with our tax payer affordability strategy and ensures that we are making valuable investments in the programs and services that will lead the way to a stronger and healthier Niagara,” concluded Barrick. Continue reading































































