The Township of Laurentian Valley is looking to adopt a tax rate by-law for 2021.
Laurentian Valley passed their budget in December of 2020 reflecting a 7.15% increase to the levy.
With the County of Renfrew and education tax rates factored in, the overall tax rate would be an increase of $36.36 per $100,000 assessment.
On a Laurentian Valley home assessed at $300,000 that would be an increase of $109.08.
The sewer tax rate impact for 2021 would be an increase of 1.12% based on the 2020 tax rate for an increase of $2.85 per $100,000 assessment.
On a Laurentian Valley home assessed at $300,000 that would be an increase of $8.55 for sewer rates.
The report was received as information earlier this week (May 4th, 2021) and a tax rate by law will be prepared by the Treasurer to be passed at the May 18th, 2021 council meeting.
