In a special meeting today (Nov. 28), Burlington city council has voted to support the 2024 capital budget with a gross amount of $88,556,830 and a debenture requirement of $6.9 million. It includes a 2024-233 capital forecast with a gross amount of $859,123,570, and a debenture requirement of $24,950,000.
That represents a tax increase of 6.68 per cent in 2024 for Burlington households, once the regional and school board portions are factored in.
More to come
