1.4% tax hike proposed
Balanced budget proposed for Lacombe next year
Oct 17, 2019 | 12:04 PM
-
Share on Facebook
-
Share on Bluesky
-
Share on X
- Copy Link
The City of Lacombe is looking at the possibility of a balanced budget next year.
On Tuesday, city administration presented council with the 2020 Provisional Operating Budget that includes revenues and expenses both totalling $44.7 million.
Also included is a 1.4 per cent municipal tax increase, which for a home assessed at $380,000 would result in a $42.07 increase for the year ($3.50/month).
Utility rates for a home consuming 18 cubic metres of water, and receiving weekly garbage pickup, would see an increase of $1.73 per month.
