Nelson Sergerie, LJI Journalist
GASPÉ – During a special meeting on December 16, the Town of Gaspé tabled a budget of $38.2 million for the 2025 fiscal year, reflecting a 5.5% increase over 2024. However, taxpayers will face an additional average burden of 2.39%.
For an average property valued at $240,100, the increase will be 2.39%, which is below the annualized inflation rate of 2.7%.
“Municipal expenses often increase faster than inflation. For example, the Sûreté du Québec bill is increasing by 3.6%, and Hydro-Québec’s by 6.1%. Bills are increasing, which explains the increase in the budget. On the other hand, the increase in the average tax bill is 2.3%, below inflation. This is a political commitment that I made 12 years ago. We are meeting the objective,” says Mr. Daniel Côté.
The total surplus is $10 million and the Town of Gaspé is drawing $1.2 million from its accumulated surplus to balance the budget.
The surplus is down by $3M. Other amounts taken from the surplus consist of $867,000 used for unexpected expenses, $1M to balance the 2024 budget, and $160,000 to replenish certain reserve funds.
“It’s still a good cushion, but a good cushion where we can’t go crazy. We have to be reasonable in our approach. Having such a cushion gives us free rein to deal with several unforeseen events,” says the mayor. The town’s overall debt is $48 million, representing a little over $2 per $100 of assessment. “Our finances are very healthy,” says the mayor.
Among the new revenues, the growth in the QST generates an additional $546,000, and compensation in lieu of Quebec taxes increased by $301,000, notably with the addition of the Maison des aînés de Rivière-au-Renard last year.
The residual materials rate will be frozen at $260.
The rate for the water supply and sewer will increase from $595 to $615 and the rate for emptying and treating septic tank sludge will increase from $175 to $200.
Housing construction continues with nearly 300 rental units since 2020, including 176 private units, 66 social or affordable units and 56 units built by the CISSS via the Maison des aînés and modular homes near the CHSLD Mgr Ross.
At the same time, 238 single-family homes or cottages have been built. The vacancy rate has increased from 0% to 1%, but there is still a long way to go to achieve a balanced market, which is considered a rate of 3% according to the Canada Mortgage and Housing Corporation.
Several other projects are underway, including the Habitations de la Montagne, where 84 affordable units are under construction in Sandy Beach, as well as the second phase of Han-Logements for a possibility of 16 to 32 additional units in Sandy Beach as well. Other discussions are ongoing with developers, including Gestion Bourgade near Ruisseau Dean Street, near downtown, which represents the creation of an entirely new neighbourhood.
The three-year capital expenditure program includes $152 million in projects, with the largest being the Rivière-au-Renard aqueduct and sewers, estimated at $58.9 million, which has been a recurring item over several years.
“It is moving through phases. It is a fairly complicated file with the various ministries. In wastewater, several resolutions have been adopted for future aerated ponds. All that is missing are a few final studies. We have a good idea of the site. The file continues. As for drinking water, the search for groundwater is proving inconclusive. We are heading towards a water filtration plant, probably near Lac d’Amour where the current water intake is located. It takes the financial aid that comes with it to absorb that,” notes the mayor.
The other main issue is the sports complex near the C.-E. Pouliot High School, estimated at $34 million. This project initially suffered a refusal of funding from the Quebec government.