Following two days of meeting, the all-inclusive tax rate increase for Peterborough in 2026 sits at 6.56 per cent.

The new proposed increase is down from the 7.92 per cent councillors started with Tuesday morning and came from a unanimous council decision to use approximately $3 million from the Legacy Income Reserve — which is made up of the income from investing the proceeds of the sale of Peterborough Distribution Inc.

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