2009-04-09
06:52:10
It's looking a little better for residential ratepayers in Fort Frances.
While an exact tax rate has yet to be finalized, preliminary figures suggest homeowners could be paying less than one per cent more than last year - depending on which taxing option council selects. Meantime, the operating budget will see the town spend about one-hundred thousand dollars less than it did last year. Treasurer Laurie Witherspoon says changes in costs has driven up this year's capital spending.
"The total budget for capital went from $13,909,000 to $14,655,000," says Witherspoon. "The long term debt has changed from $1,497,000 to $2,131,000."
Council is still waiting for some additional information from the province before it can finalize the budget.
