Esquimalt eyes 7.72 per cent tax hike for budget with few frills

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Esquimalt eyes 7.72 per cent tax hike for budget with few frills
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The increase in taxes is expected to cost homeowners with property worth $1 million an extra $230 in property taxes this year

Taxpayers in the Township of Esquimalt are facing a tax increase of 7.72 per cent this year, after council approved a $106-million budget last week.

Mayor Barb Desjardins said the spending increase this year reflects the reality of increased labour costs, construction costs and service delivery. Desjardins said there were very few frills included in this year’s budget and there is little they were able to pare away from it. That’s because Esquimalt has a massive $57.7 million capital budget this year — the capital budget ranges from $16 million to $24 million for the next four years.

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timescolonist /  🏆 15. in CA

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