Innisfail residents won’t see a tax rate increase next year.
Given the economic challenges of the last couple of years, town council asked staff to come back with a budget built on no tax rate increase.
Combined with a small decrease in property values, some residents may find themselves playing less on municipal taxes than they did this year, says the town.
The budget “represents a restrained yet responsible approach to municipal funding,” says the town in a news release.
Council approved a $20.7 million operating and $6.7 million capital budget last week.
Residents will see small increases in water rates — $2.20 per cubic metre, up from $2.15. Wastewater rates will increase 20 cents to $3.05 per cubic metre.