FOUR THINGS TO KNOW ABOUT CITY'S TAX INCREASE

Taxes are going up.

Burlington council approved the 2022 Tax Levy Bylaw at a Special Meeting of Council on May 5. The bylaw allows the city to bill 2022 property taxes and set payment due dates for final tax bills in June and September.

The overall property tax increase is 2.84 per cent.

Here are four things you should know about the 2022 tax increase.

1. What it means for you.

The simplest way to think of what a 2.84 per cent increase means is how it will increase your costs. For each $100,000 of urban residential assessment on your property, you will pay an extra $22.17.

The pandemic is not done with Burlington and it's reflected in the budget. Eligible property owners are still able to defer their tax payments from March 2020 onward. This program was first brought in early in the pandemic to provide relief for those facing COVID-19 related financial hardships.

Burlington collects property taxes for the city, Halton Region and the Halton district school boards. The total combined tax levy for all three entities is approximately $452.3 million. The city's levy is $191.6 million; the city collects $144.6 million on behalf of Halton Region; and $116.1 million on behalf of the Halton district school boards

Work is being done at the city hall on Brant Street, so for those who like to use the drop box a notable change has occurred. Payments can still be made in person but the drop box has moved to 390 Brant St. at the corner of Brant and Elgin streets.