St. John's tables 2025 budget

The City of St. John's released its budget on Tuesday.

The 2025 Budget is balanced at $349,151,881, an increase of 1.5 percent from last year.

The residential mil rate will remain at 9.1 and the commercial mil rate will remain at 29.5. Water tax will marginally increase by $15 per unit for residential properties and 2.22 percent for commercial.

Among the highlights include an investment of almost $25 million for capital project spending, which supports important projects like fleet enhancement, road rehabilitation, sidewalk repairs, traffic safety initiatives, information technology, repairs and enhancements to facilities and capital grants to community groups.

There will be a $2 million investment to enhance sidewalk snow clearing, including shared use paths and a 10 percent increase in investment for the City’s Grant Program of $143,000.

An investment of $703,000 will be provided to Advantage St. John’s, a regional economic development agency that was formed this year. The agency will align resources between the Town of Paradise, Town of Conception Bay South and St. John’s to collectively elevate economic development opportunities and build stronger and more resilient communities in the region.

There will also be several enhancements to Metrobus totalling $598,000. This includes the acquisition of hybrid buses.

The City also reduced its operating grant to St. John’s Sports and Entertainment for 2025 by $727,000.