The Town of Kindersley has adopted a budget with minimal municipal tax increases for most property owners, and with two major projects soaking up most of the budget.
Council members adopted the town’s 2017 budget, mill rate and mill rate factors at a meeting on May 24. A news release states that the town has reduced its mill rate in response to an increased assessment and slowed spending on programs as council focuses on the aquatic centre project.
Elected officials have potentially adopted the single largest budget in the town’s history, but a large portion of budgeted revenues will come from from grants, donations and transfers from town reserves.
Two major capital projects are included in the budget.
Property owners will see an average increase of less than one per cent to the municipal portion of their property taxes. A news release explains that the majority of taxpayers will see an increase of less than $100 to their municipal tax levies, and only about 10 per cent of residential property owners will see an increase of more than $100 to their municipal taxes.
See more on this story in the May 31 print edition of The Clarion.
