Property taxes in Sarnia, Ont., will go up 1.8 per cent in 2010, according to the new budget set by city councillors at a meeting Tuesday night.
The $132-million budget also includes a one-time one per cent levy to complete capital projects worth $20.4 million.
Overall, “it’s a restraint budget” that cuts services “in very subtle ways,” said Coun. Mike Kelch.
“I don’t think it’s really going to [have an] impact,” Kelch said. “I don’t think people will say ‘Oh, I really notice that.’”
The property tax increase will translate to $15 for a home assessed at $100,000, the budget said.
That’s “a very modest tax increase,” Mayor Mike Bradley said, adding it will help pay for “a massive infrastructure investment in the community” in 2008 and 2009.
“So that in turn creates jobs, renews the community and gives us a real strong way to exit the recession,” Bradley said.
The city released its 228-page draft budget on Oct. 26. It proposed a property tax hike of 2.75 per cent, which was whittled down to 1.8 per cent during a series of discussions that ended Tuesday night.
Sarnia’s transit department will see its own increase, as the cost of a bus ride jumps to $2.25 from $2.00.
http://www.cbc.ca/canada/windsor/story/2009/12/02/sarnia-2010-property-tax-091202.html#ixzz0ig5iN9Pr
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