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Tuesday, March 8, 2011

Tough Budget in Kincardine

Kincardine | by John Divinski  

Budget meeting starts with a three per cent tax hike in Kincardine.


Kincardine council was in a generous mood as they added to the 2011 operating budget.

Budget deliberations began with a tax increase of 3.09 per cent which was expected.

Treasurer Brenda French says on a home assessed at 196 thousand dollars -- the 3.09 per cent hike means a $23.35 tax hike, not counting the education or Bruce County levies.

That rate has since gone up marginally as councillors agreed the municipal grant coffers remain at 50 thousand dollars.

Town clerk Donna MacDougall had brought in a budget cutting the grants in half.

Meanwhile, Mayor Larry Kraemer says the real cuts will come when council gets into the capital budget requests, many of which are slated to be frozen this year.

Councillors have been presented with a 19.7 million dollar operating budget and a 12.1 million dollar capital budget.

Next budget session goes March 14th.

 


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