2021 financial plan and tax rate adopted

The City of Merritt has adopted the 2021 five-year financial plan bylaw and the 2021 property tax bylaw, finalizing this year’s budget.

Council approved a mill rate decrease of 5.3%, however, due to property assessments increasing across the city, many Merrittonains will see a tax increase.

Individual tax increases or decreases will be based off individual property assessments. Those looking to get an idea of their 2021 taxes can use a free calculator on the City’s website (https://merritt.solutionmunicipal.ca/taxes/2021.php).

When Council approved the first three readings of the five-year plan, Mayor Linda Brown was happy to see the budget growing from her early days at the table.

“When I first became a Councillor our budgets were 10 million, 11 million, 12 million, this year it’s $26 million. We’ve more than doubled our budget over the last few years and that tells me staff is working to get projects done for the community,” said Brown.