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Deja vu: Lake Country residents could see double-digit tax hike for 2nd year

In last year鈥檚 budget, residents were hit with a 17% property tax increase
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Lake Country Municipal offices. (Black Press file photo)

Lake Country residents are likely looking at a double-digit property tax hike for the second year in a row.

Budget documents going to council Dec. 19 outline three scenarios with proposed tax increases of 11.59, 10.02, and 8.96 per cent.

The 10.02 per cent figure is being recommended by staff.

鈥淲hich includes funding one of the two additional RCMP officers from reserves and phasing in the increase to the fire facilities and equipment replacement reserve over two years,鈥 the documents state.

Residents were hit with a 17.05 per cent property tax hike in the previous budget, driven in part by the district being responsible for 90 per cent of policing costs, inflationary pressures and a rise in wages, supplies and other costs.

READ MORE: 17% tax increase adopted by Lake Country Council

The proposed 10.02 per cent increase would cost a single-family homeowner, at an average assessed value of $1,078,000, approximately $26 annually in municipal, fire and policing taxes.

Council begins deliberations on the 2024 provisional budget at its Dec. 19 meeting.

READ MORE: 麻豆精选 International Airport returns to the 鈥楨merald City鈥

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About the Author: Gary Barnes

Journalist and broadcaster for three decades.
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