Gritting your teeth as you await the inevitable increase in your upcoming property tax bill?
At this point, no numbers are being released by Trail council.
“I can tell you that budget is being worked on at this time,” Trail Mayor Colleen Jones told the Times. “I can’t tell you where the tax increase sits as we are still completing our 2022 audit of our financial statements and once our budget meetings are complete we should have something to report out hopefully in the near future,” she added. “Our CAO and staff have been working very hard to finalize everything and our budget meetings will begin as soon as that process is complete.”
What taxpayers can take to the bank is that 2023 property tax payment will be due July 4. The city’s Michelle McIsaac clarified the date, saying “Because the due date of July 2 falls on a weekend and city hall is closed on Monday, July 3, in lieu of the Canada Day stat, the deadline for property tax payments will be Tuesday, July 4.”
Steve Morissette, mayor of Fruitvale, says council will have their budget finalized and approved by late April.
“We continue to work on the budget to make the numbers work to keep us financially sustainable,” he said. “It is looking like the increase will fall somewhere between seven and nine per cent, this is largely due to inflation as everything we use has increased in price.”
In Warfield’s public consultation of the village’s five-year financial plan, chief administrator David Perehudoff noted this year’s budget includes a tax levy of $1.13M, which is an increase in levy of $102,800 compared to 2022.
“Budget adjustments continue to be made to properly reflect current levels of services,” he noted. “This includes ensuring that all current and future financial commitments are fully funded … Preliminary calculations indicate that the average residential home ($417,117) will see a $125 increase in Village of Warfield property tax levy … “
Notably, this number doesn’t include Warfield’s requisition increase from the Regional District of Kootenay Boundary (RDKB).
“The village is aware that RDKB levies will be increasing in 2023 and in future years, as the RDKB incurs expenses to provide a higher level of service for solid waste management and moves towards significant upgrades at the sewage treatment plant,” Perehudoff clarified.
The Trail Times did not have numbers from Rossland or Montrose by press time.
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