The City of Fernie is continuing its annual budget process and is looking at a projected to 4.03 per cent increase to the tax levy.
Finance director Bryn Burditt said its lower than last years increase.
“What would the effect of a 4.03 per cent tax increase be on the average single family home? This year it’s about $132 for the year or $11 a month,” he said.
“Last year that increase was about $211 dollars.”
This year’s budget is still a ways a way from being finalized.
Staff with the city are conducting budget conversations this week with the public.
Locations and times can be found here.
The city will be having a budget deep dive with council on Mar. 3 and the final budget recap and tax rate discussion is scheduled for Mar. 10.
After that the budget and tax rates bylaws will be up for three readings and adoption.
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