Montrose adopts financial plan with 4 per cent tax increase

Montrose adopts financial plan with 4 per cent tax increase

Montrose council adopted its five-year financial plan during a May 4 special meeting before passing a four per cent increase to municipal property taxes during the regular council meeting. Chief administrative officer Larry Plotnikoff said the increase will add about $26 compared with 2025 taxes for the average Montrose home assessed at $460,500. The village’s 2026 budget projects total revenues of about $4.13 million. Property taxes will accoun…