Budget Committee of the Whole Meetings Tuesday June 11 at 1:30pm
Recap:
The City forecasted a 5.04% tax rate increase in 2025 in the financial outlook and it reflects the anticipated financial challenges in maintaining the current level of service.
The increase provides for base and growth budget pressures, the phasing in of the public works enhancement program and the phasing in of the new firefighters approved by Council in 2022, wage contract settlements, commodity pricing increases and property assessment growth.
The 2025 Budget Engagement Plan focuses on increasing public engagement and education regarding Richmond Hill’s budget process.
By employing a mix of in-person, virtual, and digital strategies, the plan aims to involve more residents and businesses in the budgeting process, ensuring that the City's investments are aligned with community priorities and fiscal responsibility.
