The City of Côte Saint-Luc has adopted an operating budget for 2016 that kept spending flat and saw the property tax of 2.3 percent for an average single-family home in the city, which is in line with what the Conference Board of Canada has forecast as the inflation rate for the greater Montreal region.
“We made every effort to keep property taxes as low as possible while maintaining the highest quality services,” Acting Mayor Glenn J. Nashen said. “We continue to operate as efficiently as possible to help ensure that Côte Saint-Luc remains to be one of the best places to live.”
The Côte Saint-Luc City Council adopted the $67 million operating budget on December 14, 2015. About 42 percent of all taxes collected by Côte Saint-Luc are transferred to the Agglomeration of Montreal, which is the island-wide regional government that funds services such as police, fire, and public transit.
The property tax bills will be sent to homes by the last week of January. The deadline to pay property taxes has been set at February 26 for the first installment and May 27 for the second installment.
“We understand that the public entrusts us with their money and we take that responsibility seriously,” said Councillor Steven Erdelyi, the council member responsible for finances. “As the father of two young children, my family uses many of our municipal services. I’m keenly aware of how important they are to our residents, while also understanding the need to keep property taxes as low as possible.”
Budget and tax highlights include the following:
  • Average increase in taxes for single-family home valued at $572,300: 2.3 percent (or $142)
  • Decrease in water, residential and non-residential tax rates
  • Increase in revenues from taxation: 2.39 percent
  • Revenues from property taxes: 86.7 percent
  • Revenues from compensation in lieu of taxes: 1.9 percent
  • Other revenues (eg, program fees, memberships, etc.): 11.2 percent
The three-year capital expenditures plan was also adopted on December 14. Approximately $10.5 million in capital expenses is anticipated in 2016. It will be used for projects such as enhancements to Pierre Elliott Trudeau Park, improvements and repairs to the Westminster and Cavendish underpasses, repairs to municipal buildings including the Bernard Lang Civic Centre building envelope, repairs to roads and sidewalks and more.