City Council approves the 2024 Budget

After two Special Council meetings on January 23 and January 30, Council has approved the 2024 operating and capital budgets.

The budget reflects a 2.99% net levy increase to the overall residential bill. For the average home valued at $273,600 (MPAC 2016 valuation date) this will mean an increase of approximately $52.

The approved budget for major infrastructure projects include a new Mausoleum and Administration Building at Lakeview Cemetery, as well as, reconstruction of St. David’s Road Phase 2 (Townline Road) from Foley Crescent to Ormond Road, Broderick Avenue Phase 2 from Collier Road to Westmount Avenue, and DeCew Road from Richmond Street to Ivy Crescent.

“I would like to thank City Council and Staff for their dedication and commitment throughout the 2024 budget process. This budget will continue to move our City forward, while delivering the required infrastructure and services to our residents and businesses.” said Mayor Terry Ugulini

“I would like to take this opportunity to thank City Council for their leadership and vision in approving several key infrastructure projects. Thanks to City staff for their dedication and efforts throughout the 2024 budget process. As always we strive to be fiscally responsible, while at the same time providing best in class customer service to our community”, stated Chief Administrative Officer, Manoj Dilwaria

For further details on the 2024 budget, please visit the City’s website at this link.
Watch the Council Budget Meeting #1 on January 23, 2024 at this link.
Watch the Council Budget Meeting #2 on January 30, 2024 at this link.

Media inquiries
Natalie Stickles Community Relations Specialist, Office of the CAO
natalie.stickles@thorold.ca
905-227-6613 x439