Budget 2017 Approved: Spending Slowed, Mill Rate Lowered, and Focus on Building the New Aquatic Centre
Kindersley Town Council’s first budget of the term will result in a mill rate drop of more than 5 mills and spending on certain infrastructure and other programs put on hold as funding slows and Council focuses attention on the design-build of the new indoor aquatic centre.At its May 24 Regular Meeting, Council approved a new uniform mill rate of 9.7. The mill rate is a figure that represents the amount per $1,000 of the assessed value of a property, which is used to calculate the amount of property tax. The mill rate was influenced by significant increases to property assessments [...]