City approves $37.4 million budget for 2025
Steinbach City Council has approved the 2025 budget in principle, with Deputy Mayor Michael Zwaagstra describing it as a “uniquely challenging” budget year. Taxpayers will see an increase in their bills this year due to it being a reassessment year. While the city is keeping the mill rate the same as last year, an increase in property assessments means that residents will likely notice an increase in their taxes. For a dwelling with a market value of $250,000, the annual city property taxes will be around $1,620.
Budget Presentation
Brian Hrehirchuk, Senior Manager of Finance for the City of Steinbach, provided details during a public hearingon Tuesday evening. “I am pleased to be presenting the city’s 2025 financial plan to highlight some of the main items that are planned for the upcoming year. The annual budget cycle is almost a continuous …