Tisdale taxpayers to see 1.5 per cent hike
The Town of Tisdale is spending big, but taxpayers aren’t facing a heavy hike.
A 1.5 per cent tax increase will generate just over $4 million in revenue for 2018. The funds will cover large capital projects such as a $1.3 million renovation of the RECplex roof, $675,000 in subdivision developments, $570,000 in new paving, and $300,000 in water line replacements. Council is also going to pay back over $788,000 in debt reduction as agreed by council at Monday’s meeting.
Chief Administrative Officer Brad Hvidston said the budget is positive in both spending and debt repayment compared to the last eight years.
“We’ve been anywhere from 2.6 per cent to 4.75 per cent,” Hvidston said.