2021 Budget Approved

Last night Council approved the 2021 and 2022 municipal budgets with a focus on fiscal sustainability balanced with quality of life for Aurora residents. The approved operating budget includes a 1.96% tax increase in 2021 and 2.9% in 2022.

The 2021 tax increase of 1.96% is 1.44% lower than what was initially approved by Council in 2020, which for an average home assessed at $800,000 will mean an increase of $47 per year, or $4 per month. Of that, only 0.5% – or $1 per
month – is required to sustain municipal services and programs at their current levels. One percent is allocated to the financing and operation of Library Square, and the final 0.46% is dedicated to the Town’s capital program. This budget also results in smaller required increases to the Town’s water, wastewater and stormwater rates than was previously approved.

For more details on the budget process and to see the approved budget, please visit: aurora.ca/budget2021