Each year, Council ratifies the City of St. John's' annual budget and sets the mill rates in December for the upcoming year. The budget outlines the City's projected revenues and expenditures for the fiscal year.
On December 10, 2024, Council approved Budget 2025, which includes no reductions or cuts to programs or services and no increase to mil rates for 2025.
The 2025 Budget for the City of St. John’s is balanced at $349,151,881, an increase of 1.5% over 2024.
The residential mil rate will remain at 9.1 and the commercial mil rate will remain at 29.5. Water tax will marginally increase by $15 per unit for residential properties and 2.22% for commercial. All revenue from the water tax directly funds the provision of the service.
“Council’s goal for Budget 2025 was to hold the line and ensure that every dollar is spent wisely, maintaining and developing programs and services that our community values,” said Councillor Ron Ellsworth.
Value for Tax Dollar Infographic
View our previous annual budgets:
The City's Capital Out of Revenue program is determined annually and funded primarily from the City's annual operating budget, as well as other sources. This program is different from the City's larger cost-shared capital arrangements with the Federal and Provincial Governments, for which the City borrows its share of the cost.
Capital projects cover a wide range of services including transportation improvements, water and sanitary service upgrades, housing projects, capital grants to community groups, snow clearing equipment, and playground infrastructure.
Contact Us
Access St. John's
City Hall
10 New Gower Street
P.O. Box 908
St. John's, NL A1C 5M2, Map this Location
Call: 311, or: 709-754-2489, Send an Email