Ponoka residents to see modest tax rate increase this year
Ponoka residents will see a modest increase to their property taxes this year.
Following a lengthy budget deliberation process, council has approved the 2019 Capital and Operating Budgets, resulting in the equivalent of a 2.2 per cent residential property tax increase.
Town officials say the total amount of the 2019 Budget is $25,524,319, which includes an Operating Budget of $18,605,124 and a Capital Budget of $6,919,195.