There will be no increase in the residential or business mil rate in Gander in the coming year.
Council Finance lead Wilson Hoffe delivered the town’s budget this afternoon.
A three per cent increase in property assessments means an increase in property taxes of about $5 a month on average, meaning that increases in the mil rate won’t be necessary. There will be no increase in service fees nor the business tax.
He says Gander has seen a number of promising new developments that bode well for the town’s future growth.
That includes a new Atlantic Forest Fire Fighting Centre, the resumption of obstetric services at James Paton Memorial Hospital, a new family care team, new business prospects and mining sector opportunities.
