Municipality of Yarmouth passes budget, sets tax rates

Councillors for the Municipality of Yarmouth passed a $9.7 million budget at a meeting last night. They also set the tax rate.

The residential tax rate will remain at $1.16, although homeowners will most likely see a tax increase due to rising assessment fees. Meanwhile the commercial rate is going up five cents to $2.15. Council decided some kind of increase was needed to offset the declining business occupancy tax, which the province is phasing out.

Sewer rates remain at $285.