The town of Bridgewater has approved its 2013-14 budget, agreeing to hold the line on its tax rates. Council kept the residential rate at $1.65 per 100 of assessment and the commercial rate at $3.99 after lowering both last year. Members also gave a green light to a capital budget of just over $3-million and an operating budget of $18.7-million. Mayor David Walker believes it is a sound budget.The budget was unanimously approved by council.