25-per-cent hike to translate into additional $7.80 per $100,000 assessed value
The amount of property tax going to fire protection for homeowners in Valemount and District will rise by 25 per cent next year.
"Budget pressures from inflation, capital purchase requirements, and asset management have resulted in the current requisition amount not providing sustainable funding for the fire protection service in order to maintain current service levels," staff said in the report. Valemount director Owen Torgerson said he would have preferred smaller increases over the years "versus a compounded 25 per cent every period." But he said the increase is still an "absolute necessity."
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