Saskatoon city councillors approved a municipal budget that will raise property taxes 4.96 per cent in 2025.
Under the new rate, the average homeowner would pay about $9.14 more a month — based on a property value of $344,000.
“I think we did our job,” Mayor Cynthia Block said. “I think residents expect us to continue to fund core services and asset management, but they also wanted us to sharpen our pencils in order to make sure that we could get a property tax rate that was more in line with inflation. I’m happy with this budget.”
The property tax increase came in lower than the original 5.64 per cent increase councillors agreed to as part of the city’s two-year budget process last year.
Changes made over budget deliberations Monday and Tuesday created seven new items to consider — which included adding funding for a sixth snow event, reducing fees, lowering revenue …