On Friday Oct 31st during a Special Council meeting, Mayor Frank Scarpitti presented and tabled the 2026 City of Markham Budget.
How is this broken down?
The City of Markham has announced its 2026 budget. The City’s 2026 capital budget is $160.4 million, alongside a primary operating budget of $309.3 million.
This budget will include a property tax increase of 3.9%, maintaining the lowest average property tax rate increase in the GTA over two decades.
Markham continues to invest in what has worked for our City in recent years. The majority of the budget will be used for road repairs and construction; other parts of the budget will be used to ensure climate resilience and protect our parks and waterways. Maintaining our public facilities and investing in cutting-edge technology to modernise systems and services throughout the City of Markham are among the actions our annual budget will focus on this year.
For more information retaining to the 2026 budget visit these links:
https://www.markham.ca/about-city-markham/news/news-releases/markham-adopts-budget-2026
https://www.markham.ca/sites/default/files/2025-10/budget-2026%20-%20aoda.pdf
https://www.markham.ca/about-city-markham/city-hall/property-tax-water-budgets-and-annual-reports