Nanaimo Council passed the 2014 budget Monday night.
With Councillors Bestwick, McKay and Kipp opposed.
The 2.5 per cent tax increase will translate to about 67 dollars on a typical property, although the Nanaimo Ratepayers Association argues that number doesn’t really paint a true picture. They point out the hit to property owners in the city is closer to 4 per cent when everything is added up. “When combined with increases from the RDN and School District taxes will increase by at least 4% this year,” says association president Jim Taylor.
Council also approved a 2 per cent hotel room tax to fund tourism promotion. The City still needs the OK from the province before it can start collecting it.
