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Bancroft proposes 5.72% tax increase, special budget meeting of Council this Wednesday at 6pm

There is a special meeting of council this Wednesday April 10 in which the town of Bancroft will give its Budget Presentation.

The presentation proposes a tax levy increase of 5.72%.

According to MPAC the average home in Bancroft is assessed at $137,550 which means that a tax levy of 5.72% would increase a home owners property taxes by $114 for the year.

Other things discusses in the Budget presentation include the arena, community grants and infrastructure like water, sewer and roads. 

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Members of the public are invited to attend the meeting in person. It will also be live-streamed on the towns youtube page.

The budget presentation can be found here:

BUDGET – 20240410 – Town of Bancroft 2024 Budget Presentation 

Link to Budget presentation livestream:

(6) Town of Bancroft – YouTube

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