City achieves 3.7% tax increase in proposed 2023 budget

City of Greater Sudbury administrators tabled their proposed 2023 budget during the Jan. 17 finance and administration committee meeting, which city council will use as a starting point during budget deliberations slated to begin in February

The City of Greater Sudbury’s proposed 2023 budget was tabled tonight, and includes a 3.7 per cent property tax increase.

Last year, city administrators calculated that a 9.3 per cent property tax increase would be required in order to maintain service levels at a status quo level. An additional $1.3 million will need to be cut due to the police board settling on a 5.66 per cent budget increase, which is greater than the 3.7 per cent increase maximum city council asked for.

That said, he clarified the city’s limited reserve funds don’t close a door because debt financing remains an option.

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