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City tables a ‘realistic and lucid’ budget for 2024

Mayor Boyer focuses on essentials, without cutting services

As announced by Mayor Stéphane Boyer in November, the average household property owner in Laval will be paying 4.8 per cent more in taxes next year, representing a $162 increase on a $440,742 house since last year.

The budget endorsed by council amounts to $1.17 billion for next year. According to a statement issued by the city, the administration hopes this year to limit the tax burden on residents, while increasing revenues to make up for things like inflation.

“On the eve of 2024, I am well aware the wallets of taxpayers in Laval are being rudely tested,” said Boyer, while adding that the city is facing many of the same challenges. “This is why our teams have been mandated to optimize how they do things in order to generate savings, so that more maneuverability can be achieved.”

In spite of certain unavoidable hikes in expenses and the city’s responsibility to keep supporting mass transit, Boyer insisted his administration was in a position to table a budget that was responsible and rigorous.

“This exercise puts emphasis on that which is essential, while allowing us to maintain services, although without adding to the tax burden of Laval residents,” he said.

Yannick Langlois, the city councillor for L’Orée-des-Bois who is responsible for Laval’s finances, said factors such as interest rate increases and hikes in the cost of goods and services put pressure on the city, although administrators succeeded in introducing measures to limit their expenses.

He called Laval’s budget 2024 “realistic and lucid, without having to cut services, in order to continue to answer to the growing needs of the population.

“The city is an excellent financial position,” added Langlois, “as attested to by the fact we continue to maintain Standard and Poor’s AA+ credit rating, which is the highest for a Quebec municipality. We can be proud of this.”

Some facts from budget 2024

Creating better security

‘The city is an excellent financial position’

Laval city councillor responsible for finances Yannick Langlois

Improving services

A greener city

Supporting social services

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