News

Timmins council approves $96.5M 2025 tax levy; residential up 4.19%, commercial 3.66%

Justin Barber

May 14, 2025 — 1 min read

On May 14, Timmins City Council approved a 2025 property tax levy of $96.5 million, a 4.48% increase from 2024, with residential rates rising 4.19% and commercial rates 3.66%.

City estimates put the monthly increase for a home assessed at $193,000 at about $13.41, and about $348 a year for a median commercial property. Property taxes fund core services such as garbage collection and snow removal, and capital work like road improvements. These figures include the city’s taxation fund, budgets for agencies, boards and commissions, and the provincial education levy. Different rates apply to residential, multi-residential, commercial and industrial properties.

The municipal tax rate is based on required tax revenue, current property assessments and approved budgets for agencies, boards and commissions. That municipal rate is then combined with the provincial education rate to set the final rate for the year.

Residential properties account for about 63% of tax revenue. The city projects total revenue from municipal and education taxes at over $96 million.

Council also approved the 2025 municipal share of service-partner budgets: $20.4 million for the Timmins Police Service Board; $12.5 million for the Cochrane District Services Board; $2.1 million for the Timmins Public Library; $1.9 million for Northeastern Public Health; and $655,500 for the Mattagami Regional Conservation Authority.

The city said taxes on an average detached bungalow in Timmins are increasing at a slower rate than in other Ontario municipalities; it did not provide comparative figures.

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