District of Lake Country councillors adopted their
The adoption means Lake Country residents will be faced with a 5.88 per cent property tax increase in 2020 and a $25 increase to the district’s parcel tax from $125 to $150.
READ MORE: Lake Country budget approved
The average Lake Country home assessed at $711,000 will now have to pay an extra $123 dollar per year with the tax increase.
The new 5.88 per cent tax increase is slightly lower than the 6.03 tax per cent increase proposed for Lake Country residents just months ago.
Major capital projects slated for 2020 include $3.3 million to complete road improvements along Bottom Wood Lake Road and $500,000 towards a new fire vehicle for the district.
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