The average homeowner in Montrose is looking at a nominal tax increase this year.
The 2017 Property Tax increase is 0.23 per cent, which works out to $1 more for the average Montrose home valued at $231,000.
Additionally, this year’s parcel tax rates and garbage bag pick-up fees remain at 2016 levels, says Chief Administrative Officer Larry Plotnikoff.
“Council had previously approved an increase of five per cent, or $30, on village water and sewer services user rates,” he explained. “This increase is a continuation of council’s direction to ensure that user rates keep up with the actual costs of operating and maintaining and when necessary, replacing vital equipment and systems related to those services.”
The total tax increase being considered for 2017, including property taxes, water and sewer rates as well as parcel taxes, is less than two per cent, or a total of $31, for the average valued home in Montrose.
Council will be considering giving the first three readings to the 2017-2021 financial plan bylaw and to the 2017 property tax rate bylaw at the April 3 meeting.