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Inverness Co. tax rates remain steady

Municipal councillors in Inverness Co. have held the line on tax rates.

They approved their 2021-22 budget at their regular municipal council meeting June 3.

Laurie Cranton, the warden of Inverness Co., tells The Hawk they’re happy they could keep their rates steady during the COVID-19 pandemic.

“We’re there to try to help as much as we can,” he says. “You wouldn’t want to be hitting (residents and business owners) with something else right at this time as well.”

Cranton says it took a bit of fine-tuning to keep the budget balanced without raising taxes.

He says there are no guarantees as to what could happen down the road.

“It’s hard to predict what the next few years will bring,” he says. “A tax increase could happen at some point, as in any municipality.”

The municipality’s residential tax rate remains $1.05/$100 of assessment, while the commercial rate stays at $1.91/$100 dollars of assessment.

The overall operating budget is a little more than $19 million.

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