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Municipal Finance: Longueuil Wants to Diversify Its Revenues
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According to documents released by the City of Longueuil at the time of the presentation of the 2026 budget, taxes still account for 77.7% of municipal revenues, out of a total of $590.2 million. A dependence on property taxation that the administration wants to gradually reduce in order to reduce the burden on taxpayers. As of 2026, the City will start a major project to diversify its sources of revenue. This process, which will take place over…
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