Lumby hikes taxes four per cent

There’s no turning back for Village of Lumby taxpayers

There’s no turning back for Lumby taxpayers.

Council has officially adopted the 2014 budget, including a 3.98 per cent per cent tax increase or an extra $30 for the average home.

“When people realize that the money is mostly going into reserves, they accept that,” said Mayor Kevin Acton, adding that he has received no negative public feedback about taxes going up this year.

The 3.98 per cent tax increase translates into an additional $31,234 in revenue for the village.

With a number of major infrastructure projects on the horizon, council’s goal is to put money into reserve to try and save up money for those works.

“The village is running a tight ship,” said Acton.

 

 

Vernon Morning Star