Wellesley council has agreed to trim the township’s 2026 property tax increase to 3.49 per cent, after reducing planned reserve contributions and scaling back some recreation spending.
The increase will add $43 to the municipal portion of residents’ bills, raising the average township levy from $1,584 in 2025 to $1,627 in 2026.
The revised hike follows concerns over affordability and rising arrears, which prompted councillors to roll back an initial staff proposal for a 4.99-per-cent increase.
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