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Council Approves the 2025 Budget with a Focus on Maintaining Existing Service Levels

Council Approves the 2025 Budget with a Focus on Maintaining Existing Service Levels

PITT MEADOWS, B.C. – Council has endorsed the City’s 2025 budget of $59.7 million, which includes a property tax increase of $34 per month.

“We worked diligently to endorse a responsible budget that ensures residents are getting the best value for their money,” says Mayor Nicole MacDonald. “Despite several external costs beyond our control that increase taxes, we have approved a budget that maintains service levels in the midst of rising costs, while investing in the services and infrastructure our residents depend on and enjoy.”

Using the average assessed value approach, the City’s property taxes continue to be favourable compared to other municipalities in the region. In 2024, the City was the lowest and is projected to be similar in 2025. Based on the 2024 average assessed value of residential properties ($1.2 million for the single-family home), Pitt Meadows homeowners can expect an increase of approximately $34 per month or $411 annually. This annual increase is comprised of $197 in Utility Fees and $214 in Property Taxes.

To see the breakdown of the $411 property tax and utility fees increase, visit pittmeadow.ca/budget-2025.

Major Cost Pressures

The main cost drivers contributing to the City’s property tax and utility fee increase relate to:

Property Taxes:
The City’s annual base property tax increase of $214 includes the addition of a full year budget for four flex fire fighters, operational costs of Grabenhorst Park, rising costs of Emergency Dispatch Services (i.e. E-Comm) and extended Library hours.

Utility Fees:
The City’s annual utility fee increase of $197 includes a $118 charge from Metro Vancouver which includes utility services provided to the City as well as a significant charge towards the replacement of the North Shore Waste Water Treatment Plant.

“The 2025 budget prioritizes public safety, sustainability, community essentials, and working towards future infrastructure needs,” says Chief Financial Officer Laura Barroetavena. “These will be met by annual contributions to the asset reserve savings which considers inflation, completion of new assets and the rising cost of living. There is significant uncontrollable cost increases payable to Metro Vancouver mainly related to the replacement of the North Shore Waste Water Treatment Plant, which is included in the utility fees. Throughout the Business Planning process, multiple budget reviews were completed resulting in $900,000 net reductions from the first iteration to arrive at the approved budget that maintains service levels and minimizes the impact to our taxpayers.”

2025 Capital Projects

The City’s total 2025 capital expenditures is valued at $37.5 million, with the majority of the program funding coming from reserve savings. Some of the significant projects planned include:

·         Pitt Meadows Athletic Park Double Artificial Turf

·         Pitt Meadows Athletic Park Covered Multi-Sports Box

·         Completion of the RCMP Detachment

·         Water Main Replacements at Bonson Road, 195B, 115A, 116B, 119B

·         Kennedy Pump Station Replacement

·         Kennedy Pump Station Trash Rack Systems

·         Rail Monitoring and Alert System at Harris Road Rail Crossing

See the full list of capital projects by department in the proposed business plans at pittmeadows.ca/budget-2025.

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For a more comprehensive breakdown of the 2025 budget, watch the department business plan presentations from November 25 and 26 and the budget deliberations on December 9 at pittmeadows.ca/councilmeetings.

To learn more about the 2025 budget and what is included in the City’s department business plans, visit pittmeadows.ca/budget-2025.

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For more information please contact:
Tia O’Grady
Manager of Communications and Civic Engagement
City of Pitt Meadows

media@pittmeadows.ca

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