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Municipal Tax Levy Remains Under 2%

City Hall - Staff Photo The Municipal Tax Levy remains below the starting point of 2% heading into February. Wednesday’s third session of budget deliberations saw the levy increase to 1.98% before growth and 1.75% after growth thanks to a few increases. In the six hour session, the elected body earmarked $67,900 to freeze transit fares for the remainder of 2021 and added $15,000 each towards the Thunder Bay and Area Food Strategy, Age Friendly Thunder Bay and Poverty Free Thunder Bay. Council also approved a recommended one-time cut from administration of $12,000 for outside boards but soundly defeated three other suggestions for reductions totaling $147,200. They included $109,000 towards the CEDC Reserve Fund, $100,000 for the Clean Green and Beautiful Reserve Fund and a total of $38,200 for CEDC cleaning related expenses.

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