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City Government

City to Submit 2012 Budget for Council Review


January 23, 2012 – City of Thunder Bay Administration will be submitting the proposed 2012 Budget today in advance of the detailed review and approval by City Council.

The Budget is within Council's 2012 Budget Directions including:

  • A proposed municipal tax rate increase of 1.48 per cent, which is also below the current inflation level in Thunder Bay. The municipal tax rate change excludes the impact that property reassessment has on properties which is not within the control of City Council. The total residential tax rate increase, including municipal and education tax rates, is slightly lower at 0.8 per cent.
  • A proposed tax increase for the average residential home of 2.67 per cent after factoring in the impact of property valuation changes occurring as a result of property reassessment.
  • An increase of $3.3 million in much needed City Infrastructure spending including $2.5 million in dedicated Enhanced Infrastructure Renewal Funding (EIRF). The City is on track for an increase in capital spending on roads by $6 million per year by 2014.

“Overall the proposed budget achieves Council's direction and I'm very pleased that we are able to table a realistic and responsible plan that deals with the critical need to reduce our infrastructure gap,” said Tim Commisso, City Manager. “This budget also includes a new tax relief measure approved by Council, and recognizes the need for restraint and investing in the future of the City.”

The proposed budget also includes some priority service enhancements and improvements including an additional 24/7 Ambulance for Superior North EMS, the implementation of a Fire Strategic Plan, operation of new public facilities at Prince Arthurs Landing and increased resources to support the City’s Aboriginal Liaison office and community partners. Also built in is $1.5 million in savings related to the City Manager’s Corporate Review Process.

“Administration worked diligently to prepare a balanced budget and despite many spending pressures, it reflects a proposed, fiscally responsible tax increase and we look forward to working closely with Council throughout the upcoming budget deliberations,” said Carol Busch, City Treasurer & General Manager – Finance & Corporate Services.

For more information and 2012 Key Budget dates visit: www.thunderbay.ca/budget

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Contact:   Tim Commisso, City Manager, 625-2224 
               Carol Busch, City Treasurer,General Manager Finance & Corporate Services, 625-2242