Costs rising faster than Ashcroft taxes

The Village of Ashcroft is raising taxes, but general costs are rising even faster.

Ashcroft Council gave first three readings to their Tax Rate Bylaw, 782, and also to their Budget, Bylaw 781. Both bylaws require one more reading before they are approved.

Ashcroft taxpayers are looking at another increase of 2.5 per cent, but treasurer Linda Howika says that will only amount to $370 in taxes collected, because of a decrease in property values for 2013. The increase will be approximately $18-$20 per home.

Council is anticipating that future tax increases will need to be larger in order to catch up to rising costs, and will be working on a strategy to reduce expenditures while maintaining core services.

Bylaw 782 sets the Residential tax rate at 4.1094 per $1,000 of taxable value, while business is 16.5477.

Ashcroft is looking at a $4.4 million budget that includes $1,021,325 in collected property tax and capital expenditures this year of $530,498.

Just Posted

Historic Cornwall fire lookout to get some tender loving care

Volunteers are being sought for a work bee at the lookout in August

Washout hits Highway 97 north of Cache Creek

Highway now reopened to single-lane, alternating traffic

$4 million federal grant to Lytton group will strengthen fibre optic network

Fibre optic backbone will stretch from Boston Bar to Lillooet

VIDEO: B.C. MLA Michelle Stilwell takes first steps in nearly 30 years

‘It actually felt like walking. It’s been 27 years… but it felt realistic to me’

Report of dead body in B.C. park actually headless sex doll

This discovery, made at Manning Park on July 10, led police to uncovering two other sex mannequins

Grand Forks fire chief found to have bullied, harassed volunteer firefighter: report

WorkSafeBC, third-party human resources investigation looking into allegations complete

Dog recovering after being drenched in hot coffee, B.C. man charged

Man was taken into custody, charged, and released pending a court date

Taekwondo instructor, 21, identified as B.C. bat rabies victim

Nick Major, 21, an instructor at Cascadia Martial Arts in Parksville

Science expedition to Canada’s largest underwater volcano departs Vancouver Island

Crews prepared for a two-week research mission to the Explorer Seamount

B.C. shipyard to get one-third of $1.5 billion frigate-repair contract

The federal government has promised to invest $7.5 billion to maintain the 12 frigates

Worried about bats? Here’s what to do if you come across one in B.C.

Bat expert with the BC Community Bat Program urges caution around the small creatures

B.C. on right road with tougher ride-hailing driver rules, says expert

The provincial government is holding firm that ride-hailing drivers have a Class 4 licence

Most Read