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		<title>Surrey Unveils Modest Tax Hike and Massive Infrastructure Push in 2025 Budget Plan</title>
		<link>https://maplenewswire.ca/election-2025/surrey-unveils-modest-tax-hike-and-massive-infrastructure-push-in-2025-budget-plan/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=surrey-unveils-modest-tax-hike-and-massive-infrastructure-push-in-2025-budget-plan</link>
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		<dc:creator><![CDATA[Henry]]></dc:creator>
		<pubDate>Thu, 10 Apr 2025 05:41:15 +0000</pubDate>
				<category><![CDATA[Election 2025]]></category>
		<category><![CDATA[Feature]]></category>
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		<category><![CDATA[city invest]]></category>
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		<guid isPermaLink="false">https://maplenewswire.ca/?p=440</guid>

					<description><![CDATA[<p>Mayor Brenda Locke promises one of the region’s lowest increases as city invests big in public safety, recreation, and parks Surrey residents, take note: your property tax bill is going up — but not by much. Mayor Brenda Locke announced this week that Surrey is proposing a 2.8% general property tax increase, alongside a 1% [&#8230;]</p>
<p>The post <a href="https://maplenewswire.ca/election-2025/surrey-unveils-modest-tax-hike-and-massive-infrastructure-push-in-2025-budget-plan/">Surrey Unveils Modest Tax Hike and Massive Infrastructure Push in 2025 Budget Plan</a> first appeared on <a href="https://maplenewswire.ca">Maple News Wire</a>.</p>]]></description>
										<content:encoded><![CDATA[<h3>Mayor Brenda Locke promises one of the region’s lowest increases as city invests big in public safety, recreation, and parks</h3>
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<p>Surrey residents<span style="font-weight: 400;">, take note: your property tax bill is going up — but not by much.</span></p>
<p>Mayor Brenda Locke<span style="font-weight: 400;"> announced this week that Surrey is proposing a </span>2.8% general property tax increase<span style="font-weight: 400;">, alongside a </span>1% road levy<span style="font-weight: 400;"> for 2025. Combined, this makes for </span>one of the lowest property tax hikes<span style="font-weight: 400;"> Surrey has seen in recent memory — and one of the most modest across Metro Vancouver.</span></p>
<p><span style="font-weight: 400;">“We’re very happy. Staff worked incredibly hard to keep this increase low while still growing a city,” Locke told reporters. “At the same time, we have to keep amenities flowing.”</span></p>
<p>What Does This Mean for Homeowners?</p>
<p><span style="font-weight: 400;">For the average single-family home, the proposed increase will mean:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1">$77 in additional property tax</li>
<li style="font-weight: 400;" aria-level="1">$27 more for road improvements</li>
</ul>
<p><span style="font-weight: 400;">In return, residents can expect:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1">20 new firefighters</li>
<li style="font-weight: 400;" aria-level="1">25 new police officers</li>
<li style="font-weight: 400;" aria-level="1">10 bylaw enforcement staff</li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Funding for the much-anticipated </span>Newton Community Centre</li>
</ul>
<p>$701M Capital Plan: From Pools to Parks to a Downtown Arena</p>
<p><span style="font-weight: 400;">Surrey’s five-year </span>General Capital Program<span style="font-weight: 400;"> packs a punch — with </span>$701 million<span style="font-weight: 400;"> earmarked for upgrades, expansions, and new builds.</span></p>
<p><span style="font-weight: 400;">Major projects include:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1">Newton Community Centre<span style="font-weight: 400;"> ($310.6M) — featuring a 50-metre pool &amp; massive new library</span>&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Cloverdale Athletic Park upgrades<span style="font-weight: 400;"> ($12.3M)</span>&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Chuck Bailey Recreation Centre expansion<span style="font-weight: 400;"> ($65.5M)</span>&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Unwin Community Park – Phase One &amp; Master Plan<span style="font-weight: 400;"> ($18.7M)</span>&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Nicomekl Riverfront Park<span style="font-weight: 400;"> ($26M)</span>&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Interactive Art Museum in City Centre<span style="font-weight: 400;"> ($100M)</span>&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Preliminary planning for a 10,000-seat Sports &amp; Entertainment Arena<span style="font-weight: 400;"> ($4M)</span>&nbsp;</li>
</ul>
<p><span style="font-weight: 400;">From </span>new turf fields and sports courts<span style="font-weight: 400;"> to </span>community park enhancements<span style="font-weight: 400;">, the city’s vision is clear: </span>recreation, livability, and culture are priorities<span style="font-weight: 400;">.</span></p>
<h3>Utility Rate Hikes: The Shadow of the $2.86B NSWWTP Overrun</h3>
<p><span style="font-weight: 400;">While property taxes may be low, </span>utility rate pressures remain high<span style="font-weight: 400;">, largely due to ballooning costs tied to the </span>North Shore Wastewater Treatment Plant (NSWWTP)<span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">Surrey’s 2025 sewer levy jumped </span>37.6%<span style="font-weight: 400;"> over last year:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1">$174/year<span style="font-weight: 400;"> more for average metered single-family homes</span>&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">$967/year<span style="font-weight: 400;"> for commercial accounts</span>&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">$386/year<span style="font-weight: 400;"> for non-metered residential</span>&nbsp;</li>
</ul>
<p><span style="font-weight: 400;">City officials say 76% of this hike is due to the </span>NSWWTP budget overrun<span style="font-weight: 400;">, which added </span>$2.86 billion<span style="font-weight: 400;"> to its price tag.</span></p>
<p><span style="font-weight: 400;">“This will impact residents for the next 15 years,” city manager Rob Costanzo said. “It’s a significant cost escalation.”</span></p>
<p>What’s Next?</p>
<p><span style="font-weight: 400;">Residents can provide input on the proposed budget until </span>April 11<span style="font-weight: 400;">. Key dates:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1">April 14<span style="font-weight: 400;">: Financial Plan presented to the Finance Committee</span>&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">April 28<span style="font-weight: 400;">: Council vote expected on final adoption</span>&nbsp;</li>
</ul>
<p>Building a City, Not Just Managing One</p>
<p><span style="font-weight: 400;">Mayor Locke says the budget strikes a balance between </span>affordability and ambition<span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">“We’re not just keeping the lights on — we’re building a Surrey that future generations can be proud of.”</span></p><p>The post <a href="https://maplenewswire.ca/election-2025/surrey-unveils-modest-tax-hike-and-massive-infrastructure-push-in-2025-budget-plan/">Surrey Unveils Modest Tax Hike and Massive Infrastructure Push in 2025 Budget Plan</a> first appeared on <a href="https://maplenewswire.ca">Maple News Wire</a>.</p>]]></content:encoded>
					
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