Totalling $34 million, this rigorous budget allows for investments in parks, roads and municipal buildings. It is based on a strategy of expenditure control, funded as follows: transfers from the central city ($24.4 million), local tax ($5.8 million), revenue from local sources ($2.3 million) and appropriation of surpluses ($1.5 million). 

About the local borough tax and the TCIP 

Council members also adopted the ten-year capital investment program (TCIP) for 2025-2034, in the amount of $36.7 million. Loans taken out under the TCIP will be used to maintain and repair infrastructure, parks and buildings as well as to improve the quality of the living environment through new facilities. 

The local borough tax accounts for only a small portion of the municipal tax bill. It has increased 3% from 2024, from $52.54 to $54.12 per household, and the rate per $100 is down from $0.0471 to $0.0437. Adoption of Ville de Montréal’s budget is expected in December.

Watch the Council meeting

Consult the budget presentation document

Read the press release