There will be tax increases for residents of Grand Falls-Windsor.

The town tabled its budget last night with a property tax increase of 1 mil – the first mil rate increase for residents since 2019. The town says the adjustment was made in response to the rising cost of equipment, services, labour and materials.

The town says the average property assessment value in Grand Falls-Windsor is lower than many other municipalities, which means that the mil rate had to increase to generate enough revenue to maintain and improve services.

The commercial mil rate remains unchanged.

The budget includes $50,000 in funding for expanded community events and $2.9 million in capital funds to continue with the town’s Community Center project. The labour budget for both stadiums has also increased by $107,000 for a total budget of $470,000 to accommodate a longer operating season.