Courtenay approves 1.95-per-cent property tax increase

Courtenay council approved a 1.95-per-cent increase in property taxes at a budget meeting Wednesday

Courtenay council approved a 1.95-per-cent increase in property taxes at a budget meeting Wednesday.

The result is a $6.60 increase for an average property worth $275,000.

Council deferred discussion on a commercial tax multiplier to its April 22 meeting.

The proposed 2014 financial plan provides $35 million in expenditures.

Final decision on the budget is next month. Council encourages feedback from the public.

As of Monday, the City is offering a new online tool called Citizen Budget that allows the public to review operating budgets.

For more information, visit www.courtenay.ca.

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