Coldstream taxpayers could be on the hook for a 6.59 per cent tax increase for 2012. The proposed tax hike, which includes a 1.34 per cent
increase for the mechanics shop, was recommended at Tuesday night's
council meeting. For the average home in Coldstream ($447,000), the
increase works out to an additional $39 on their municipal taxes. That
works out to an increase of approximately $3.25 per month. The total budget will go to a public open house Wednesday, Feb. 29 from 6 to 9 p.m. at the municipal office. See Wednesday's issue of The Morning Star for full story.
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