Gibsons poised to approve 5% tax increase
Gibsons Council is ready to move forward with its 2014 budget.
Residential property owners are going to see an increase of just over 5 per cent. Water and sewer rates are also going up.
Mayor Wayne Rowe says a full “parking lot” of items speaks to the cash crunch the Town is facing when it comes to infrastructure
2 per cent of the increase is being set aside to build funds for the future.
Another 2 per cent is earmarked for operations and expansion at the Harbour. It’s roughly equal to what Gibsons taxpayers used to pay directly to the Regional District for its “Ports Function”.