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Lake Country Approves Tax Hike

Feb 23, 2018 | 5:33 PM

Lake Country Council has approved its 2018 budget.

It will result in a 3.5 percent tax increase, which amounts to about  $76 for the average single-family home valued at $656-thousand dollars.

1.5 percent is for an infrastructure fund, and 2 percent for a general tax increase.

There are no increases in water, sewer or garbage/recycling fees for 2018.

The top capital projects approved for 2018 are:

Glenmore Road Improvements ($750,000 carry forward funded from Road Reserve and DCC)

Fire Vehicle ($245,879 carry forward from 2017 funded from Fire Reserve)

Eldorado Treated Water Reservoir ($4,136,963 2017 carry forward from Grant funding and Water DCC)

Reimche Road Bridge Replacement ($414,366 carry forward from 2017 funded from Capital Works Reserve)

Swalwell Skate Park ($125,378 carry forward funded from Capital Works Reserve and Parks DCCs)

Rail Trail construction ($1.1 million carry forward from 2017 funded from contributions)