Lake Country residents could be facing a 3.5 per cent hike in their property taxes next year as district councillors are set to begin budget deliberations next week.
A 2017 draft financial plan that will be presented to council on Tuesday is proposing a 3.5 per cent tax increase, 1.5 per cent of which will be directed to the Transportation for Tomorrow plan to invest in Lake Country’s road infrastructure.
Based on last year’s average home price of $557,400, the average house would pay approximately $66 in additional tax with the 3.5 per cent increase.
