. No increase in taxes unless assessments go up

Rimbey council is looking at a good news budget this year and plans to hold the line on taxes, provided the assessments increase.

By Treena Mielke

The Town of Rimbey is looking at a good news budget this year and plans to hold the line on taxes, provided the assessments don’t show an increase.

Rimbey CAO Lori Hillis said there would be no tax increase unless assessments go up which won’t be determined until February.

“Our budget is pretty much the same as last year,” she said.

Hillis explained the town’s expenditures run about $6 million annually. This includes salaries and benefits, ($1.8 million), council salaries and benefits ($112,000), contracted services ($578,000), goods and utilities, ($1.6 million), local requisitions ($430,000), provincial requisitions ($892,00) and interest and debt repayments ($462,000).

New debt repayments are $103,000 and reserve transfers have been budgeted at $37,000.

Revenue for the town for 2017 is budgeted to be $3.6 million. Sources of revenue include user fees and sale of goods ($1.655 million), government transfers, ($1.12 million), rentals, ($95,000), licenses and fines ($70,500), frontage ($107,500), penalties ($60,400) interest ($24,000), franchise ($454,900).

“With the revenue coming in and the expenses generated, we need to bring in $2.4 million from taxes,” she said. “And we should be able to do that this year without raising the mill rate, if the assessment remains the same.

Mayor Rick Pankiw said council worked hard to keep the budget on line with no increases.

“There was also a lot of hard work by Lori and her team to put it all together,” he said.

Last year the town’s mill rate went up 1.5 per cent.

Pankiw noted that the public needs to be aware that school taxes, which also appear on their tax bills, may increase, but that has no bearing on the town’s tax bill.

 

 

Just Posted

Four-car crash, including RCMP vehicle, on Highway 2

Two sheriff’s vehicles were also involved in the collision that closed down one lane

Rev. Deborah Laing says goodbye to Rimbey

Rimbey United Church minister moves on

Misadventures of a farm wife

Beating the storm, almost

Golf tourney raises funds, attracts pros

Gull Lake Pro Am great success

VIDEO: Trudeau shuffles familiar faces, adds new ones to expanded cabinet

Justin Trudeau shuffles his front bench Wednesday to install the roster of ministers that will be entrusted with leading the Liberal team into next year’s election.

No Name brand chicken nuggets recalled due to possible salmonella

Canadian Food Inspection Agency says multiple illnesses reported in B.C., Alberta and Ontario

WATCH: Joe Hittel is the number one fundraiser in Northern Alberta for Rope for Hope

Hittel of Red Deer raised $14,000 for Make A Wish event

Ex-Raptor DeMar DeRozan says goodbye to Toronto on Instagram

The guard was traded to the San Antonio Spurs earlier this week for Kawhi Leonard and Danny Green

Watch: Westerner Days in full swing

The heat and the thunderstorms didn’t stop anybody

Cigarette packs with graphic images, blunt warnings are effective: focus groups

Warnings considered effective flag ailments smoking can cause, like colorectal and stomach cancers

Canada’s title hopes quashed at Rugby Sevens World Cup in San Francisco

On the men’s side, Canada was eliminated in the round of 16 as they were shut out by Argentina 28-0

Astronaut drops in on Kraftwerk gig, plays duet from space

Alexander Gerst becomes an astronaut musician with live performance from International Space Station

Four people taken by STARS to Edmonton

Blackfalds RCMP investigates single vehicle rollover south of Hwy 11A

Most Read