Tuesday, May 11, 2010

Budget has been set


Bridgewater has set its budget for the 2010-2011 fiscal year.

Town councillors approved the new budget last night by a vote of six-to-one.

The total "Operating Budget" came in at 17-million, 254-thousand, 515-dollars, with a "Capital Budget" of 5.8-million-dollars.

Tax rates are up 2.5-per-cent over last year.

In direct terms, that is up 4.1-cents.