Property owners in Carbonear — residential and commercial — can expect to see their tax bills grow by an average of 10 per cent in 2013.
That's despite a significant reduction in the residential mill rate, which has dropped from 9.25 to 7.60.
The town council adopted its 2013 municipal operating budget on Monday, Dec. 17, with total revenues projected at just under $5.5 million. That's up from the $5.17 million budgetted for 2012.
Council members said an increase in revenues was necessary, but described the level of taxation as "reasonable," and that it provides for an acceptable level of programs and services.
For complete story, pick up a copy of the Dec. 24, 2012 print edition of The Compass.