Council prepares to dig into budget calling for 10.33 per cent tax hike
Council members are to start finalizing the city’s 2023 budget Feb. 27 which, so far, calls for a tax increase in the double digit range.
The 7.19 per cent planned hike alone would have owners of a home assessed at $400,000 paying $2,280.47 in municipal taxes this year, $152.97 more than in 2022. Public works consumes 18 per cent or $4.87 million and the fire department another 11 per cent or $2.770 million. The “for consideration” expenditures list would see pavement patching increase by $25,000 or .15 per cent of the total planned budget along with modest staffing increases at the animal shelter and within the finance department.
Should council accept the operations budget package as presented, the 10.33 per cent hike amounts to $1.719 million for a 2023 projected spending total of $26.5 million.
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