On February 28th, the Executive Directors of Stoney Creek, Hamilton and Flamborough Chambers presented a collaborative view regarding area rating.
The consensus shared to City Council and staff is that a service based area rating system would be fair to everyone as services would be taxed based on availability of the taxpayers geographic address rather than by Ward only.
City Council voted to accept both suggestions from the Chambers and the Citizens Forum for financial review.
It appears that the City will be increasing taxes by less than 2% and area rating decisions will be delayed as results are to be revenue neutral based on a realignment of some taxes in various areas.
The Chambers will continue to monitor and offer to assist in this process.