Coldstream district taxes increase

The district’s budget, which was presented to the public Tuesday evening, includes a two per cent tax increase.

Coldstream taxes are proposed to climb a bit further than originally planned.

The district’s budget, which was presented to the public Tuesday evening, includes a two per cent tax increase.

Initially, a 1.2 per cent increase was projected.

“The district has been proactive in implementing financial policies to better position ourselves for the future,” reads the public information plan.

The majority, 1.75 per cent, of the proposed tax rate is for infrastructure needs and improvements to the pavement management plan as well as future land acquisitions.

The increase works out to $34 annually in additional taxation for the average residential property.

Anyone who missed the open house can check out the financial plan, and provide comments, at www.coldstream.ca