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City Council discussing 2021 Mill Rate increase to keep pace with rising costs SHARE ON: 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. ....
2020 financial statement shows City has a surplus SHARE ON: Lloydminster City Council has accepted and approved their Consolidated Financial statements for 2020. The document which was prepared by local chartered professional accountants WLS Wilkinson Livingston Stevens LLP and was presented to Council on Monday April 26th. On the plus side, the report shows a rise in financial assets of about $13.8 million with liabilities close to $3 million. This gives an increase in net financial assets of about $11 million. The City has a surplus of $9.9 million for the year which was more than double what had been budgeted. Municipal taxes are slightly down from last year and user fees have shown a sharp decline off what was budgeted. ....
Hazardous Waste Roundup on hold until the Fall mylloydminsternow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mylloydminsternow.com Daily Mail and Mail on Sunday newspapers.
City looking to amend Lloydminster Charter SHARE ON: Lloydminster s crest between two provincial crests on one of the provincial border markers. (Photo by Brendan Collinge, MyLloydminsterNow.com staff) The city is moving forward in opening up the Lloydminster Charter in order to make some changes to create a better and more seamless inter-provincial city. City council unanimously voted in favour of starting the process to making amendments to the charter. City administration brought the issue forward stating the differing provincial legislation is not the most efficient means of governance in the city. In the meeting, Councillor Aaron Buckingham noted his previous aversion to opening the charter and making changes to it as he believed there were many risks. ....