Niagara Region Approves 2025 Budget No images? Click here Niagara Region Approves 2025 BudgetDecember 13, 2024 Niagara Region’s 2025 Budget is focused on strategic infrastructure investments and supporting the core services residents rely on every day. For 2025, the General Levy to support Niagara Region's operations will increase by 9.60 per cent. The Region is investing to help those in our community in need through investments in social assistance supports, a new homeless shelter and investments to stabilize our Niagara Region Housing stock. The 2025 budget is supporting the future prosperity of our region through investments to attract new businesses, and additional supports for our ambulance services. The Region keeps our investments focused on our core services through a culture of continuous improvement, organizational realignments, and shared services with neighbouring municipalities that are all aimed at finding savings and efficiencies that resulted in $4 million in savings in the 2025 budget. The General Levy also provides support for Niagara’s Agencies, Boards and Commissions that includes Niagara Regional Police Services, Niagara Peninsula Conservation Authority, Niagara Regional Housing and Court Services. The Agencies, Boards and Commissions will see an increase of 5.13 per cent. Finally, the 2025 budget will have a 2.50 per cent increase to support needed investment in Niagara’s historically underfunded capital infrastructure assets. This infrastructure includes our roads, facilities and equipment that are essential for our community and for the delivery of services. In total, Council approved the General Levy budget with an increase of $46 million in 2025 equaling an estimated 9.60 per cent property tax increase on the Regional portion of the tax bill. For the average home in Niagara region this would equate to an approximate $191 increase on the Regional portion of the property tax bill. The General Levy 2025 budget includes: the operating budget for Regional departments, Niagara Regional Police Service, Niagara Peninsula Conservation Authority, Niagara Regional Housing and Court Services, as well as the consolidated Capital Budget. General Levy Highlights
Capital Budget Highlights
Learn more about the Niagara Region budget and how the budget works at niagararegion.ca. Quotes:
Media contactJanet Rose |