North Cowichan mayor: Taxes will go up by over three per cent

The Municipality of North Cowichan is getting closer to figuring out a budget for the next five years.

Mayor Jon Lefebure says coming up with a long-term financial plan is always a challenge, however, there is light at the end of the tunnel.

He says at this point it appears there will be a tax increase over three per cent because of a few factors.

Lefebure says this week they will be looking at tax rates for different classes, including businesses and people’s taxable earnings.