Village of Nakusp council adopted their 2020-2024 Financial Plan during a meeting on May 11. File photo

No tax increase for Nakusp property owners

Village of Nakusp council adopted its 2020-2024 Financial Plan at meeting on May 11

Nakusp property owners will not see a tax increase in 2020.

Village of Nakusp council adopted their 2020-24 financial plan during a meeting on May 11.

Included in the plan is that the tax rate will stay the same for households this yeawr.

In terms of revenue, the village anticipates to collect almost $4.6 million in revenue, including $1.07 million from municipal property taxes and almost $570,000 in water fees.

READ MORE: RDCK adopts 2015 budget

The village anticipates spending just over $3.6 million in operating expenditures.

In an online council agenda, the village said it hopes to collect more revenue from the tourism industry moving forward.

The village said it will be using its surplus funding to cover future costs like capital projects, hot springs costs and a fire truck replacement.


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