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Stratford caps 2026 property taxes at 3.5%, projecting a $167 annual increase for average homeowners.
Stratford Mayor Martin Ritsma has capped the city’s 2026 property tax increase at 3.5%, with a projected rise of 3.09%—about $167 more annually for an average $317,000 home—due to inflation, aging infrastructure, and reserve needs.
The cap, set using strong mayor powers, may change after council discussions.
The city’s capital budget is $56 million, with operational costs rising $18 million, partially offset by $14 million in revenue.
Ritsma denies the move is politically motivated, noting no new expansion this year.
The budget will be presented to council this month, with a final vote expected in mid-December.
Residents can comment via a pop-up event at the Stratford Mall or online.
Stratford limita los impuestos a la propiedad de 2026 en un 3.5%, proyectando un aumento anual de $ 167 para los propietarios promedio.