> Your Questions How does capital affect my property taxes?​

Capital affects your taxes in two ways.

When we construct, acquire or renew infrastructure, a portion of the cost comes from tax revenue, or the revenue is used to pay for debt which finances some projects.

When capital projects become operational, there are new costs associated with the operations.

Property tax revenue and user fees pay this portion.

In the end, we are able maintain our neighbourhoods and operate our new investments.

This applies to many things such as maintenance on new roads and the wages of lifeguards at our City facilities.