Property Taxes On the Rise in North Cowichan
Property taxes are increasing in the Municipality of North Cowichan, but not by as much as originally thought.
North Cowichan has given final reading to its five-year financial plan and along with the one-point-three per cent increase in inflation. An additional increase of one-point-three per cent is a result of hiring needs in the municipality.
$230,000 dollars is earmarked to hire clerical staff while an additional $208,000 is going to pay a new police officer at the North Cowichan/Duncan R.C.M.P. detachment.
A new 23 million dollar R.C.M.P. detachment is planned for the municipality, but because the final building options weren’t completed in time, that project has been pushed to 2019.
The two-point-six per cent increase is substantially lower than the originally forecasted increase to property taxes, which sat at more than three per cent.