Homeowners in Waterloo Region to pay 9.48 per cent more on region’s 2025 property tax bill [Video]

After councillors failed to set Waterloo Region’s 2025 budget in a marathon meeting earlier this month, councillors gathered again on Thursday to try to hammer down what was once a 10.45 per cent property tax hike.

Councillors stayed up late into the night, trying to finalize next year’s budget.

At one point, they had the tax increase down to 9.79 per cent, but by the time everyone left the horseshoe, the rate rose slightly to 9.83 per cent.

Deliberations began again on Friday, with a new figure before council.

“With a levy reduction of $2.642 million, the overall impact on the region’s portion of the tax bill is now 9.89 per cent. When factoring in a police increase of 8.56 per cent, we’re at an overall tax levy impact of 9.48 per cent,” Chris Wilson, the region’s manger of corporate budgets, said during Friday’s meeting.

He explained the 9.48 per …