Timmins council approves ABC budgets, 2025 tax rates and ratios, tax levy

Timmins council approves ABC budgets, 2025 tax rates and ratios, tax levy

The municipal tax rates and ratios for 2025 were approved during Tuesday’s city council meeting, along with the tax levy.

Timmins - City Council Approves Tax Rates and Ratios for 2025

City Council has approved the 2025 tax levy at $96.5 million, which represents a 4.48% levy increase from 2024.For an average residential home assessed at $193,000, this means a monthly increa. . .

3% tax rates 'difficult to achieve' moving forward, warns CAO

With the budgets for outside boards approved, Timmins has set its tax rates for 2025