Residential Tax Hike: Homeowners could see a 3.9% property tax increase. For a $700,000 home, this means about $8.37 more per month.

Condos Hit Hardest: Condo owners may face a 10.5% increase, with a $360,000 condo seeing taxes rise to about $1,370 annually.

Higher Utility Fees: Monthly water, waste, and recycling fees are expected to rise by 3.8%, adding approximately $5.09 for an average household.

New Spending Focus: Funds will go towards infrastructure, transit, and public safety, with a total operating budget of nearly $5.4 billion for the year.

Budget Deliberations: City council will discuss adjustments in mid-November, with hopes to further lower the proposed increases.