Kamloops council settles on 2016 tax rate

By James Peters
March 15, 2016 - 2:30pm Updated: March 15, 2016 - 5:37pm

KAMLOOPS — Council has settled on a 2.35 per cent average tax increase for 2016 after budget deliberations wrapped up today.

That's about $44 more for the average home valued at $350,000.

Mayor Peter Milobar says it could have been lower, but this is in line with where council wanted to end up.

"A 1⁄10th of a per cent or so higher than we would have liked, but really it was coming down to a lot of operational pressures we're feeling, and at the same time we were able to use gaming funds to do a lot of nice community projects, like pickle-ball, and stuff like that, so I think a good balance was struck" said Milobar. 

Milobar notes water rates have been frozen once again this year, and while garbage disposal rates increased significantly, sewer rate increases were also kept low.

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