Lacombe proposed budgets include 2.8% tax increase
LACOMBE- Taxpayers in Lacombe are looking at an increase of 2.8 per cent on their tax bills in 2019.
Council has accepted the 2019 Provisional Operating Budget for information and consideration during the publicly accessible budget workshops scheduled for November 7, 8, and November 13 (if needed).
Under the proposed tax increase, an average house in Lacombe valued at $371,748 wiould see a total increase of $86.94 on their bill in 2019.
City officials say the Operating Budget has total revenues of $43,638,326 and total expenses of $43,638,326, resulting in a balanced budget.