The Town of Paradise, Newfoundland and Labrador, unveiled a $52‑million balanced municipal budget on January 29, 2026. Mayor Patrick Martin and town council presented the plan, which holds residential and commercial mill rates at their current levels (residential 7.4; commercial 11.5), following reports that the financial roadmap would be shared in late January. The 2026 plan represents a $7.4‑million increase over last year’s $44.6‑million budget as the community continues to grow.
The budget prioritizes addressing aging infrastructure — including roads and traffic improvements — as well as snow clearing and water and sewer issues. Those areas were identified as top priorities during the town’s “Budget Talks” public consultations in late 2025. The town notes this budget comes as it continues recovery from a February 2025 Town Hall fire, though publicly available budget materials do not specify a dollar amount allocated to Town Hall repairs (this should be confirmed with the Town Clerk).
Despite the increase in total spending, the presentation maintains the existing mill rates rather than raising them. The town says the budget is balanced through a mix of property tax revenue, user fees and government grants; the town also likely expects increased revenue from higher property assessments associated with growth. The budget is now available for public review and is expected to be finalized by council in the coming weeks.
