Huntsville passes a 4.84% tax hike for 2025
Posted: 2024-11-26 07:43:25 By: thebay
At last night’s Huntsville Town Council meeting, Mayor Alcock and Council approved the 2025-2026 Budget, focusing on roads and infrastructure. The budget includes a 4.84% tax rate increase for 2025 and 4.87% for 2026, amounting to an estimated $107 more for the average household. This increase is below the 4.99% cap set by Council.
Key changes include reallocating $230,000 in 2025 and $270,000 in 2026 to the Roads Capital Reserve. The budget also prioritizes healthcare and affordable housing, funded through the Municipal Accommodation Tax.
Mayor Nancy Alcock emphasized balancing present needs with future growth, while Director Julia McKenzie highlighted Huntsville’s competitive tax rates within Muskoka.
