Vernon’s tax hike translates to extra $102 for average home
The City of Vernon has released more details about its 2024 budget that will carry a tax increase 5.49 per cent.
Based on this year’s average assessed value of residential properties in the city ($690,412), homeowners can expect to pay an extra $102 for the year, or $8.50 per month.
The details of the financial plan were hammered-out at a special meeting by city council on Monday, Dec. 4.
“The 2024 budget emphasizes council’s dedication to community well-being, centreing on maintaining core municipal services to support the evolving needs of a growing populace while staying aligned with Council’s 2023-2026 strategic plan,” Mayor Victor Cumming said.