Homeowners in Warfield will see their property taxes rise by an estimated $594 this year, after council approved the village’s 2025 budget and property tax rates last month.
The 2025 property tax levy will total approximately $1.27 million, which remains the village’s primary source of revenue to fund a variety of services.
An average Warfield home, assessed at $436,641, will pay $1,652 in municipal taxes in 2025 based on a residential property tax rate of 3.8 per cent.
Taxes collected from residential assessments will make up 96 per cent of the total levy.
The distribution of taxes shows that $515 will fund general government services, $463 will support transportation services, and $367 will go toward recreation and culture.
Smaller amounts are allocated to protective services ($75), environmental health services ($74), fiscal services ($67), capital expenditures ($64), and environmental development ($30).
In total, general expenses for 2025 are budgeted at $2.52 million.
Aside from property taxes, the village will rely on other sources of revenue to balance the budget, including a $457,000 grant from the provincial government and proceeds from the sale of services.
Additionally, the property tax bill will include levies collected on behalf of other governments, such as the regional district, school district, and police services, as well as Village of Warfield parcel taxes.
A $305 increase to the sewer parcel tax levy has also been introduced to help fund the construction and operation of the regional sewer treatment plant.
More information on the budget is available at warfield.ca under the Budgets tab.