HAMILTON BUDGET 2025: Staff project 6.9 per cent property tax increase in 2025, 19.7 per cent by 2027
LocalAs the City of Hamilton moves into budget season, a staff report projects that the preliminary increase for the 2025 net levy is $102.9 million, which would result in an average property tax increase of 6.9 per cent next year.
The same report also predicts a 6.8 per cent property tax increase in 2026 and a 6.0 per cent increase in 2027, meaning a 19.7 per cent total tax increase for Hamilton residents over the next three years.
The average property tax increase in 2024 was already 5.79 per cent (approximately $286 more per household).