Administrative Policies Committee - February 13, 2025

The Kingston City Council's Administrative Policies Committee met on February 13, 2025, to discuss the 2025 tax ratios as part of the city's operating budget. The meeting focused on the distribution of the tax burden among different property classes, including multi-residential and new multi-residential properties. Staff presented recommendations for maintaining tax ratios that comply with council direction and legislative requirements, noting that total tax revenue remains fixed while ratios adjust the burden across property classes. The committee discussed the implications of provincial policies allowing for tax ratio adjustments, the impact of reassessments on property taxes, and the challenges of implementing subclass tax rates for small businesses. The committee approved the recommended 2025 tax ratios and related report, with no changes to total tax revenue but adjustments in tax burden distribution among property classes.