Markham mayor proposes 3.88% tax increase for 2025

Mayor Frank Scarpitti presented Budget 2025, a $674.7 million proposal featuring a 3.88% tax increase, adding $53.54 for the average Markham household. This increase is partly due to repayments to the Corporate Stabilization Reserve fund used during the pandemic. The budget prioritizes flood control, road improvements, and community events, with $296.2 million funded by property tax. Additionally, a 3.05% water rate increase will add $31.51 for average homes. Residents can provide feedback at a public meeting on Nov. 4.

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