Monday, April 4, 2011

Municipal Budget Process explained by City of PG

In a good move on the City of Prince George's part - they've sat down with the Prince George Citizen to explain its' budget process.  I'd like to see the City of Williams Lake and the Cariboo Regional District to consider doing the same here in order that residents, business and industry have a clear understanding around the relationship between the City/Regional District Budget and property values

Mill Rate (Tax Rate) explained here
Rising Property Assessments does not always equal rising property taxes - see here
Setting of Property Tax Rates a very complicated process - see here

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