Toronto homeowners can expect to be hit with an 8 percent water rate increase and a 3 percent garbage rate hike.

Members of the city’s budget committee meet today to start the budget process for Toronto’s waste and water budgets.

Budget Chief Gary Crawford says the proposals came out of decisions made by full city council.

“There will be a bit more in water as council made the decision I believe last year, on the 8, 8, 5 and 3 (percentage of annual hikes), so that is coming, and there will be a standard increase of 3 percent for solid waste, and then we’ll be working on the rebates that we’ll be looking at for the garbage bins,” Crawford explained ahead of today’s meeting.

Crawford says homeowners with an extra large garbage bin will no longer be getting a break on the cost.

The proposed annual rate for an extra large bin is $468.08, an increase of $124.48 from the 2015 cost. Crawford says the idea is to encourage Toronto property owners through these rate increases to start recycling more materials.

On November 13th, Toronto residents will have a chance to weigh in about the proposed increases at a public meeting.