Tax rate reduction, road work and Capital investments highlight 2025 Budget

Tax rate reduction, road work and Capital investments highlight 2025 Budget
  December 02, 2024

Bathurst City Council approved the 2025 budget, valued at nearly $51.7 million dollars. Overall budget allocations are set at $38,71 million for General Operations, $8,15 million for Water and Sewer Operations. Capital investments will be set at $3,1 million for the General Fund and $1,74 million for the Utility Fund.


Property Tax

The Property Tax rate in Ward 1 (old city boundary before 2023 Local Governance Reform) will be decreased by two cents, being set at $1.7550 per $100 evaluation. The North Tetagouche sector of Ward 2 will have a $0.9064 rate, while the Ward 2 sectors covering South Tetagouche, Ste-Anne, Big River, and Route 134 (Miramichi Avenue extension) will have a $0.8800 rate. The changes to the Ward 2 tax rates are part of the transition under the provincial government’s Local Governance Reform, this being year three of a six-year transition.


Roadway investments

Roadway renewal accounts for a $2 million-dollar investment. A portion of Bridge Street’s roadway and infrastructure will be rebuilt at a cost of $1.4 million. $565,000 will be dedicated for resurfacing on Roughwaters Drive, Daniel Drive, Little River Drive and Ryan Avenue. These initiatives are over-and-above the $5.3 million Road / Infrastructure rebuild for Ste Anne and Chaleur Streets that was planned for 2024 but delayed to 2025.


Housing

The city experienced a substantial increase in building permit activity in 2024 and expects the trend to continue in 2025 as it distributes more grants through the Federal government’s Housing Accelerator Fund program. With $318,000 projected in building permit revenue, the city will benefit further from both extra housing for citizens and a higher tax base for the municipality.


Healthy Community

Additional investments will further enhance the Healthy Community initiative. $250,000 from the Tourism Accommodation Levy will be invested in Tourism projects. Funding for the Aquatic Centre will also increase to $630,000. $80,000 will also be budgeted for a corporate branding exercise, renewing the city’s look to be fully inclusive and representative of its new boundaries and demographics.


Water and Sewer Services

Water and Sewer service fees will have a 2% increase, based on an increase in water supply expenses. However, the rate increase was mitigated because of decreased debt charges.


Capital Investments

Notable Capital investments include:

  • Various Water and Sewer upgrades - $325,000
  • Tandem twin-steer Dump Truck - $425,000
  • Tandem Plow Truck - $365,000
  • Tractor - $360,000
  • Two Police vehicles - $160,000
  • Wildland Fire Truck - $275,000
  • Upgrades to Youghall Beach facilities, Promenade Waterfront Boardwalk, Ste Anne Street Trail crosswalk - $140,000


  Bathurst_-_PRESS_RELEASE_2024-12-02_-_2025_Budget.pdf

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