Thursday, May 17, 2012

Chester: No Tax Hikes Included In Budget

There won't be any new tax hikes this year for residents and businesses in the municipality of Chester. Council passed their operating and capital budgets during their regular meeting this morning. The residential tax rate was set at $0.64 per $100 of assessment while commercial rates will hold steady at $1.54 per $100 of assessment. In a release, Warden Allen Webber says economic and environmental sustainability remains a priority for council and staff in hopes of promoting growth in the area. He says an example would be the large-scale wind project at the Kaizer Meadow Landfill site. The $5.5 million dollar project will be fully owned by the municipality. Other projects include fixing up the wharf in Chester Basin, constructing several sidewalks and putting a focus on health and well being initiatives. Overall, the municipality will feature an operation budget of just over $22 million dollars.