City Council discussing 2021 Mill Rate increase to keep pace with rising costs
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Lloydminster residents are facing a proposed increase on their 2021 Municipal Taxes.
The Mill Rate and Taxable Assessment, Bylaw No. 18-2021 saw the first reading at City Council’s regular meeting on Monday, May 17th.
The Total Annual Impact for residents is a 3.95 per cent increase over the 2020 Mill Rate. Depending on property valuations, residents could be paying annually an extra $93.32 on a $250,000 home, and on the high end for a $500,000 property, it’s an extra $186.65 or $15.55 monthly. Values would change based on prices in the middle.
REPORTS Councillor Gallant spoke about Environmental Development and the possibility of doing composting at the landfill; the bags used need to be compostable and the land will need to be levelled. Mayor Johnston attended the Churchbridge Business Association meeting; they are hopeful to still have June Daze this year. There will also be an information sign erected by the rest stop or the coin monument; CBA (Churchbridge Business Association) will be donating $1500 towards this. There is an Economic Development Committee being set up and the Churchbridge Credit Union is willing to join. Recreation and Culture were next with Councillor Antosh-Cusitar. She attended the rink board meeting and reported that all of the board has resigned except for the President who will remain on the board for 1 more year; all other board positions will need volunteers and tenders will be put out for the kitchen and Zamboni.
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