The Reminder is making its archives back to 2003 available on our website. Please note that, due to technical limitations, archive articles are presented without the usual formatting.
It's not yet clear what effect the Flin Flon School Division's new budget will have on local property tax rates. At its regular meeting Tuesday evening, the board unanimously passed the 2003-04 budget, which calls for a 3.25 per cent increase to the Special Levy Ñ funds raised through municipal taxes. The increase will garner the division an extra $96,964. At face value, the increase would bring up property taxes by $3.87 per $10,000 on the value of a home. But the City has yet to release its new budget, which may or may not eat into the Special Levy increase. Moreover, the City still doesn't know how much it will pay to the Manitoba government for the Foundation Levy, an education levy paid by all municipalities in the province. If the City has to pay less than it did last year on the Foundation Levy, the difference would also eat into the Special Levy increase. City Municipal Administrator Larry Fancy said he expects to hear what the levy will be in the near future. The school division's 2003-04 budget slashed expenditures by $160,946 and increased costs by $92,000. The division may not have been in a position of seeking more municipal funding if not for a decrease of $114,570 in revenue from the province. A complete outline of the budget appeared in this past Monday's Reminder, copies of which are still available at our office at 10 North Avenue.