Tax rate to increase 2.4 per cent; utility fees going up

Sylvan Lake councillors proposed a 2.4 per cent property tax rate increase for the 2013 budget, following more than 12 hours of discussion spread over Oct. 30 and 31, and Nov. 3.

Many owners will see a 1.3 per cent increase in their taxes because property values have declined since 2012, said Darren Moore, Sylvan Lake’s director of finance.

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