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Council to consider two percent tax levy

Prince George City Council will begin budget deliberations tomorrow (Monday) afternoon.

According to a report to Council, a two percent tax increase is currently being proposed.

The largest portion comes from a proposed $1.5 million increase to the city’s snow-clearing budget.

That would increase the budget up to $10 million, accounting for 1.33% of the levy.

Other increases include an additional $486,442 for the general levy, $150,000 for road rehabilitation, and $125,000 for the General Infrastructure Reinvestment Fund.

Overall, the proposed increase would amount to $2.26 million more than last year’s total of $113.1 million.

Prince George was previously the recipient of $6.11 million in funding from the province’s safe restart grant, which could be used to eliminate some or all of the proposed increase.

Finance and Audit recommended using $1.33 million to offset the proposed increase of two percent in December.

However, the updated report brings that number down to $796k, leaving $5.31 million for other purposes.

Once the budget is approved next week, the administration will create the tax rate bylaw, which must be approved before May 15.

Full agenda here:

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Catherine Garrett
Catherine Garrett
Catherine is an anchor and reporter in the MyPGNow newsroom. Born in Ontario, raised on Haida Gwaii, she now is living in Prince George. She obtained a diploma in Broadcast and Online Journalism at BCIT. You can find her on Twitter @Cath_Garrett

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