The City is preparing to increase residential taxes by an average of $415 during Fiscal Year 2026, following last Tuesday evening’s public hearing which addressed the City’s finances and its proposed 2026 tax rate classification. The City originally projected in June that the residential taxes would be increased by an average of $497 but has opted to take an approach that … [Read more...] about Residential taxes set to rise in FY26 budget plan
tax rate
City’s downward trend of tax rates stabilizes for 2025
City Council held a special meeting last Tuesday to vote on the tax classification for the 2025 year, resulting in an approval of the proposed tax rates. Mayor Ted Bennecourt and Director of the Finance Department Mike Gingras gave an in-depth presentation on the financials of the city that included an update on the Fiscal Year 2024 close, went into the property values by … [Read more...] about City’s downward trend of tax rates stabilizes for 2025