Greater Sudbury city council and those who tuned in to Tuesday’s finance and administration committee meeting,  got their first look at the 2021 Greater Sudbury draft budget.

The draft budget will receive review in the coming weeks, ahead of its final approval in March.

City CAO Ed Archer presented the draft budget on Tuesday evening, going through the highlights of the plan for the city’s finances for 2021 with a budget that will see a 3.9 per cent property tax increase after assessment growth.

In very basic terms, should council approve the budget at a 3.9 per cent tax increase, a home worth $230,000 will see a property tax increase of $120 for the year, a home worth $450,000 will see a property tax increase of $235 for 2021.

Council will also have the option for a 2021 property tax increase with a special capital levy of 5.4 per cent, which would mean a $166 increase to property taxes for the same home worth $230,000.

For the full story and breakdown by Matt Durnan, head to Sudbury.com