For the 10th year in a row, the town of Laurentian Hills is set to maintain a zero per cent increase in its local tax rate.
Laurentian Hills council will deal with its 2022 budget at its regular May meeting next Wednesday, May 18.
The draft budget is posted on the town’s website for the public to view in advance of the meeting.
The budget proposes freezing the town’s tax rate where it has been since 2013, at $742.20 for every $100,000 of assessment.
Individual property taxes are the result of the tax rate times the property’s assessed value…
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