City Lowers 2015 Property Tax Increase
The city has finalized the amount that your property taxes will be going up this year. The average single-family home will see a 2.1% increase, while non-residential properties will go up by 7.6%. City council had set the tax rate at over twice that back in December, waiting on the province to say how much they would be taking for education tax. As it turns out, the provincial government won't be taking as much as the city thought, so the tax rate was brought down. A typical house, valued...