Wednesday, March 26, 2008

Coldstream Council heading towards a tax reduction.


Coldstreamer News:
The other important and significant monetary item was related to budget. There was a motion to reduce the proposed tax increases from 9.17% to 6.95%. due to unexpected revenues. There were calls for further reduction to as low as 5.5%. Consensus could not be reached, thus they tabled the motion to a special meeting on March 31 at 4:00 PM. It appears that at least a modest tax reduction to 6.95% could be expected.

1 comment:

Anonymous said...

Looks like they are in an election mode-they did not care before.