Annapolis Royal, N.S., mayor knows some tough decisions are coming with NSP grant in jeopardy

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were able to pass the budget without raising the tax rate for the 2024-25 fiscal year but some big decisions loom.

The town is preparing for the day it stops receiving the grant in lieu of taxes for the Annapolis Tidal Generating Station, which Nova Scotia Power shut down in January 2019. The grant accounts for $427,040 in this year’s budget, representing about 15 per cent of the town’s revenue.“Some people would say, ‘Well, we should be cutting spending now,’ but then you have a public with expectations, you have these big infrastructure projects they haven’t weighed in on them yet.

She said staff had proposed a 10-cent increase to the rate as a way of planning for the future, but Boyer said council members wanted to hear from residents first.

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