Fredericton Lowered Most Tax Rates. A Bus Pass Still Costs $5 More.

Fredericton lowered the property-tax rate for most residents, but a monthly bus pass still costs $5 more. CBC reported on Nov. 10 that council approved the 2027 budget Monday night. The inside rate falls 4.67 cents, to $1.2619, and the outside rate falls 0.77 cents, to $1.1988. Councillor Colin Ebbett said about 90% of residents will see a lower property-tax rate.

Other city charges move the other way. Water and sewer fees rose slightly. Adult, student, and senior monthly transit passes each increase by $5. Parking meters rise by 50 cents, and rates for several lots and garages increase too. The budget adds $1.14 million for the police direct-action team after staff identified about $2 million in savings. No grocery or fuel price was changed.

A lower tax rate is not, by itself, a published cut in every household’s total tax bill. Assessments were not part of the report. The verified changes are the new rates and the higher transit, parking, and water-and-sewer charges.

Could this budget lower every Fredericton household bill? No. Most property-tax rates fall, but monthly transit passes rise by $5 and parking meters by 50 cents. Water and sewer charges also rose slightly.