Five Year Financial Plan Set!
The numbers have been crunched, and taxes are finalized for the next four years in Powell River.
Mayor Formosa was happy with the outcome… a 1.5 percent tax increase for the next year. While, the following years will see taxes no higher than 1.5 percent, as set out in the budget called “Living Within Our Means”…
Formosa says while there have been cutbacks on staffing and some services such as late night transit on weekends, this plan aims to stop reaching into the pockets of residents and businesses in the city.