Residential property taxes will see a rise of 2.96 per cent in 2014 after the integration of provincially-established requisitions for schools and seniors.
In passing the 2014 operating and capital budgets late in 2013, town council approved an overall tax revenue increase of 1.5 per cent, with the understanding that school and seniors requisition rates had not yet been set by the province, and would impact the municipality’s overall tax rate increase in the new year.