It was a close call, but the town of Stellarton passed a balanced budget for 2022-23 that doesn’t
raise property tax rates.
The residential rate remains at $1.82 per $100 assessment, and the commercial rate stays at $4.15 per $100 assessment.
Mayor Danny MacGillivary thanked the province for doubling a municipal capacity grant, which allowed the town to hold the line on taxes.
The operating budget for the new fiscal year is $8.63 million, with the capital budget at nearly $1.4 million.
Councillor Simon Lawand noted that while the tax rates have not risen in nearly twenty-five years, the rising cost of everything from fuel to insurance offers no guarantee that next year’s rates won’t go up