2025 Budget Approved

We are pleased to announce that the Town of Grimsby’s municipal budget for 2025 has been officially approved. This budget reflects our commitment to enhancing public services, infrastructure, and community programs while ensuring fiscal responsibility.

The budget includes strategic investments to support the growing needs of the community, tax relief for designated heritage properties, increased funding allocated for the Town’s asset management reserves, and increased funds to meet the Town’s current and projected debt requirements related to the West Lincoln Memorial Hospital and the Peach King Centre - all aimed at improving the quality of life for our residents.

Key Highlights

• The budget was developed with a focus on ensuring Grimsby remains a strong and sustainable community while advancing the Town’s strategic priorities of People, Places and Prosperity.
• The approved budget provides for a Town tax levy increase of 5.88%. Blended with the Niagara Region and education taxes, the average levy for a home assessed at $442,000 would see a $380 increase. Of this, Grimsby’s portion of the increase would be $83.
• Regarding utilities, the water fixed rate has been recommended to be set at $346 for the year, along with a variable rate of $1.57 per cubic metre of water consumption. Wastewater cost recoveries are split between the tax levy and consumption. The Wastewater levy is proposed to be set at $380 for an average assessed home along with a rate of $1.72 per cubic metre based on water consumption.

Thank you to all community members who participated in the budgeting process. Stay tuned for updates on upcoming projects and initiatives.

For more details, visit https://www.grimsby.ca/town-hall/budget-and-financial-statements/budgets/