City’s municipal tax rate decreases but other factors will force increase
1 Articles
1 Articles
City’s municipal tax rate decreases but other factors will force increase
SANDRA M STANWAY Brooks Bulletin The city’s municipal tax rate decreased, however, the June tax bill will look significantly higher thanks to the collection of increased school taxes for the province and Newell Housing. The city forecasted a municipal tax increase of 5.75 per cent which dropped to 5.59 per cent due to the 7.6 per cent increase in assessment. The city’s assessment increased to $1.957 billion over last year’s amount of $1.821 bill…
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