Well I have spent the better part of a week listening to a
lot of people speak about how happy they were with the 2.5% increase in taxes.
Well once you get over the euphoria of "boy were the naysayers
wrong, all these positions our leaders are creating at the municipality are not
going to drive our taxes up".
Now you get to come back to reality, take a closer look. The real question is if I had a
home assessed at $200,000 last year I would have paid $1663.37 so
assuming that home’s value stayed at $200,000 my taxes this year with a 2.5%
increase should be $1663.37x2.5%=$1704.95 an increase of $41.58.
Well the residential mill rate went from 8.3168 to 8.8189
which means a $200,000 home today will reflect on your tax bill as $1763.78 an
increase of $100.51 which is really a 6% tax increase.
Look at the previous post of how much the municipality as taken in, from General Municipal Revenue. http://crowsnestpasshome.blogspot.ca/2012/04/taxation-in-crowsnest-pass.html
For example when you look at 2010 the last year of the previous council we only increased General Taxation by $72,806 or 1.1%, and we still managed to put $450,000 into reserves that year.
Look at the previous post of how much the municipality as taken in, from General Municipal Revenue. http://crowsnestpasshome.blogspot.ca/2012/04/taxation-in-crowsnest-pass.html
For example when you look at 2010 the last year of the previous council we only increased General Taxation by $72,806 or 1.1%, and we still managed to put $450,000 into reserves that year.
