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Tuesday, December 13, 2011

Rothesay Holds Tax Rate For 2012

The 2012 budget for Rothesay is in and it's good news for residents -- despite a 5.3 percent increase to the fire and police budgets, the tax rate will remain steady at $1.19 per $100 assessed.

The only jump in the bills comes in the form of the sewer service charge, which is going from $265 dollars to $285.

Rothesay Mayor Bill Bishop tells CHSJ News the $8.9 million dollar capital budget will be put to good use.  Projects will include Oakville Acres and the Rothesay Arena.

Despite additional increases in costs to garbage collection and transportation, Bishop says the town has managed it's money well and reserves will make up the shortfall.

The General Operating budget of the town for 2012 is 15.9 million dollars.