The 2019 Operating Budget report has been approved by Council, with a few important impacts for Flamborough/Waterdown. This year’s Net Tax Supported Operating Budget of $887 million requires a 2.5% tax increase across the city – one of the lowest among comparative municipalities. The 2019 average Waterdown/Flamborough home is $499,900. The tax impact to Waterdown residents is 2.0%, equating approximately $94.00. For rural Flamborough residents outside of Waterdown, it is 1.8%, equating approximately $74.00. The tax increase is below the cost of living which is 2.8% (fluctuating) and in line with the rate of inflation which is at around 2.0% which is why I supported it.
Your taxes go towards a number of important items in Waterdown/Flamborough and city wide such as garbage collection, parks example Memorial Park, Joe Sams, Courtcliffe, Millgrove Community Park and approximately 13 other neighbourhood parks in Waterdown. Taxes support Halton and Hamilton Conservation Authorities, the RBG, Libraries, Memorial Halls and other citizen owned buildings of which there are many in our community. There are numerous cemeteries in Flamborough alone which taxes support. Roads, ditches, culvert replacements, street lighting and on and on. Your taxes go to a long list of items many of which benefit our community. Please click here to learn more.
Offsetting the cost of services, the City also receives revenues annually from user fees for recreation and transit user fees, government grants and subsidies,license and permit fees and property tax revenue. This includes revenue from the Ontario Lottery and Gaming Corporation (OLG), which provided $5.3 million in revenue in 2018.
These links also allow for further drill-down into more details:
If you have any questions, please contact my office 905 546 2713 or Judi.Partridge@hamilton.ca