It's going to get more expensive to live in Saskatoon next year.

The city unveiled its proposed budget for 2015, and the centrepiece is a 7.32 per cent property tax increase. If passed, it would mean someone in a home assessed at $325,000 would be looking at paying another $114 a year.

"This is a road and emergency services budget, that's what the key drivers in this budget are," city manager Murray Totland said in a briefing.

Road repair and upkeep, police and fire department make up the biggest chunk of the increase.

This is the second year of a three-year plan to impose a dedicated road levy. It will add another $5 million to the $53 million the city planned on spending to keep the roads in good working order.

Key projects in the coming year include work on the University Bridge, and two exchanges.

The next largest portion of the property tax increase is the 2.4 per cent targeted for policing. It will add $4.5 million to the police budget, much of which will go towards salaries for ten new positions.

Last year, council approved a tax increase of 7.43 percent. Most of that money went toward a dedicated road fund.

The proposed budget goes to executive committee today.

And then, on December 2 and 3, it will be debated by council in full.