2011 versus 2010 tax increase

Just an another attempt to keep my readers fully informed.
We have to make sure that we do not get caught up as one of my commenter's stated in "smoke and mirrors".
So lets continue to compare apples to apples.

2010 achieved a 3.2% tax increase (which brought in an additional $200,000), despite $450,000 into reserves, and $250,000 into new equipment.
2011 achieved a 0% tax increase with no money placed into reserves, for new equipment no dollars spend, equipment will be paid for by borrowing, debt load increased bt $550,000.

Another important factor to remember before we all finish thrashing around in the glory of the 0% tax increase.

The end result may well not be the 0% the province as not set the education portion for the municipalities yet,
That increased by $150,000 last year about 75% of that tax increase, provincial budget is supposed to be announced on Feb 24th.

In addition the assessment process is usually not completed at this point so that usually ends up in a tweaking of the budget.

Time will tell.