City approves lower tax increase, due to extra Municipal Revenue Sharing funds
North Battleford city council approved a proposal to reduce the tax increase for 2023, after the city was notified it will receive additional Municipal Revenue Sharing funds from the province.
Administration reported an extra $179,000 is expected to be received.
Originally, in December of last year, council approved a 5.99 per cent tax increase for the 2023 municipal budget.
“We were debating that tonight – should we utilize it [the extra funds] all for projects, or reduce some of the taxes,” Mayor David Gillan said. “We’ve come up with a decision today, that instead of taxing at 5.99 per cent, we are going to be taxing at 5.34 per cent. Part of that additional revenue we are getting from the province we are going to utilize inside [for projects], and part will be reducing taxes.”