Council and Administration Say " 0% TAX INCREASE" It does NOT add Up!
"In 2016, a $1.1 million decrease in County non-residential revenue, primarily a result of losses in linear assessment led the County to a Property Tax Increase.""The current projection is that Lac Ste. Anne County will lose an additional $725,000 in non- residential revenue in 2017; a total of nearly 20 per cent in two years."
"Lac Ste. Anne County will not likely withstand further significant revenue losses without facing a SIGNIFICANT TAX INCREASE or service level losses."
"The risk is that further loss of municipal revenue or loss of the ability to utilize this grant funding on these recurring programs could rapidly leave the County in a DIRE REVENUE SITUATION."
See the Full Article @ lsaracares.blogspot.ca
WE STILL HAVE NOT RECEIVED THE COMPLETE DRAFT BUDGET
ReplyDelete"County council voted unanimously during its Feb. 23 regular meeting to approve publicly advertising its 2017 draft budget, which features a zero per cent municipal tax rate increase. There was no motion to finalize the draft version of the budget, which will come after the residents have a chance to respond to the draft."
http://lsaracares.blogspot.ca/2017/02/county-advances-zero-per-cent-tax.html