Council has completed the annual task of adopting the 2020 Municipal Operating Budget, and setting the 2020 municipal mill rate(s) accordingly.
Mill rates are unchanged in 2020, and remain the same as they were in 2017, 2018 & 2019.
Ag. – 7.05 Mills – Mill Rate Factor: 1 – Agriculture Mill Rate: 7.5 Mills
Res – 7.05 Mills – Mill Rate Factor: 1.75 – Residential Mill Rate: 12.3375 Mills
Com–7.05 Mills – Mill Rate Factor: 2.25-Commercial Mill Rate: 15.8625 Mills
Council works diligently to balance limited financial resources, while ensuring to provide RM ratepayers with the best possible infrastructure and resources while being as cost efficient and effective as possible.
Funding is continuing to be allocated to a savings account in order to ensure that some reserves are in place for future capital expenditures.
Once again the following discounts will be provided for the municipal portion of your property tax payments in 2020:
Taxes for the current year become arrears as of January 1, of each new year and a .075% penalty will be added to any unpaid balance on this date and the beginning of each month thereafter.