Grand Forks tax bills expected to go up
It looks like Grand Forks residents will pay a bit more when it comes to their tax bills this year.
Chief Financial Officer Juliette Rhodes says the increase is two fold, partly because BC Assessment revalued properties, with quite a few increased assessments...and they're expecting a 3 and a half percent tax revenue increase..
For an average 2-hundred thousand dollar home that had a 5 percent assessment increase, taxes will go up around 1-hundred dollars annually.
She says the increase is to set a side money for future infrastructure requirements in the city.
3 readings have been done, with final adoption expected April 10th.
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