In fact, the mil rate is dropping slightly from 8.25 to 8, but Gill says there will be a $50 levy on water for residential properties and $60 for commercial.
Saying 2023 was a year of ups and downs for Corner Brook, councillor Pamela Gill presented a balanced budget during last night’s council meeting without an increase in the mil rate. In fact, the mil rate is dropping slightly from 8.25 to 8, but Gill says there will be a $50 levy on water for residential properties and $60 for commercial. She says it was a banner year for construction with a 9 percent increase over last year. Gill says inflation continues to plague the community and the city is also impacted by rising costs in fuel, rent and groceries. She says while Corner Brook is not experiencing the same rental increases as other urban centres, the city is not immune, especially since the social housing supply has shrunk. Gill says they will continue to urge the provincial government to replace the units on Crestview Avenue and get people out of hotels. Mayor Jim Parsons told Bayfm’s Lenny Benoit this morning, it feels like a weight has been lifted and he’s grateful he is not an accountant. In the new year, there will be a 10.5 percent fee on all past due taxes and accounts. The 2024 budget for the city of Corner Brook is $39,197,890.00, which is 4.77 percent higher than last year’s budget.