City Council has approved the 2025 taxation fund budget with a 3.43% increase over last year. The taxation fund budget outlines how the City will collect, spend, and invest funds to cover operating costs to maintain core services, and direct investment in capital.

The taxation fund budget is the City’s portion of the full municipal budget. This total is combined with approved budgets from the City’s Agencies, Boards, and Commissions (ABCs), MPAC property assessments, and provincial education rates to arrive at the final property tax rate for 2025. Council is expected to approve the 2025 tax rates by April.

2025 Operating Budget

The 2025 net operating budget is $38,758,611. The operating budget covers the cost of daily public services, such as maintenance of city roads, public transit, garbage collection, snow removal, and parks and arena maintenance.

2025 Capital Budget

The 2025 net capital budget is $12,253,418, with an 18.2% increase from last year. Capital funds support the creation, repair, or replacement of municipal assets that are required to deliver daily services to the community, including infrastructure like roads. This amount does not include capital expenses related to water and wastewater, which are approved as part of the separate utilities fund budget.

This year’s capital budget includes:

• $2.5 million for road repair through the City’s “grind and pave” program (offset with funding)
•  $1.1 million for phase 2 of Mattagami boat launch upgrades, including lighting, parking lot expansion, furniture, and fixtures
• $2.5 million for the construction of a bus wash facility for Timmins Transit (offset with funding)
• $1.2 million for St. Jean storm repairs (partially offset with reserve funds)

Capital funds are also used for Golden Manor redevelopment and Connecting Link rehabilitation, with work being completed in 2025 from Crawford St. to Porcupine Bridge.

“The City’s approved portion of the municipal budget represents a balance between delivering quality core services today, and setting Timmins up for a productive and sustainable tomorrow. Council continues to direct record investments in road rehabilitation and on improving our public parks and spaces. You’ll see upgrades to the Hollinger Park concert fields, installation of a dedicated cricket pitch, and money invested back into our facilities and arenas. We are moving forward on subdivision development, with a focused strategy to build more housing capacity and plan for future growth. This is a budget that supports progress, while recognizing the immediate needs of the community, and I’m proud of the work that Administration and staff have done to help deliver a plan that works for Timmins” ~ Mayor Michelle Boileau

For more information on the 2025 budget, visit: https://www.timmins.ca/our_services/finance/city_budget_2025