Toronto homeowners could soon see an increase in their water and garbage bills as the city considers raising fees in 2025.
City staff are recommending that the Toronto implement a 3.75 per cent increase to the combined water and wastewater consumption rates, as well as garbage bin fees.
This would represent an increase in $39 in water fees for an average home consuming 230 cubic metres a year.
This is expected to generate approximately $ 53.35 million in additional revenue for Toronto Water’s operational and capital program needs and additional revenue of approximately $2.337 million to offset inflationary cost increases for services.
The garbage disposal increase will result in about $13.44 per year for a residential property with a medium-sized bin. The change could generate approximately $13.4 million in additional revenue for operational and capital program needs.
For commercial properties, the wastewater and water consumption rate increase is expected to …