The General Operating Budget supports Council’s priorities of Grow, Green, Belong, Move and Perform and reflects the needs and interests of our residents.
At its meeting on December 13, 2021, Common Council approved the City’s 2022 General Operating Budget. The approved 2022 General Operating Budget totals $164,721,858, a 4.7 per cent increase year over year.
The budget was produced based on Council’s strategic priorities as well as on the principles, policies and targets contained in the City’s Long-term Financial Plan.
The budget includes a recommendation to reduce the property tax rate by 7.5 cents, from $1.785 to $1.71 per $100 of assessed value. This is the lowest tax rate in 24 years and puts the City three years ahead of the Long-term Financial Plan tax rate target.
The 2022 General Operating Budget continues to advance the City’s long-term strategic financial objectives to increase flexibility, reduce vulnerability, and is sustainable.
For more details, and to view the full Council report, visit www.saintjohn.ca
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