Bulk of 2014 gas tax will go towards reducing borrowing costs for recreation centre
PASADENA — Pasadena residents will not see an increase in their mill rates in 2014.
That’s one of the highlights of the municipal budget passed Monday night for the new fiscal year. It also states that the bulk of Pasadena’s share in the federal gas tax program will go towards reducing costs for the new recreation centre. Fire department honorariums will be increased as well.
Capital expenditures will see an increase, and the budget calls for the purchase of new snow-clearing equipment next year. Work on a new skateboard park, as well as expansion of the town’s new trail system, the purchase of a new pickup truck and a beach cleaner were also included.
To help bring costs down, the town could see some increases in commercial taxation, and provincial organizations will see a charge for water and sewer service. The budget also states that for the 2015 year, water and sewer for churches and non-profit organizations will no longer be written off, and a minimum tax will be implemented. Action will be taken by law to collect taxes and fees due to the town.
The budget includes $25,000 for economic development activity, including a new industrial park to help increase the business base and share future tax burdens. Beginning in the new year, an economic development advisory committee consisting of members of the community will be established to help provide advice to the town’s finance and economic development committee.
Seniors over the age of 65 will be helped with a reduction in property taxes as well, said Coun. Derrick Anthony.
“We’re all going to be there eventually,” he quipped. “It was good to do something for (the senior population) if they qualify, and I’m glad there are other areas we can help as well.”
Anthony admitted there are parts of the budget that some residents may not like, such as looking at the tax contributions of churches and nonprofit organizations.
“That is an area where we could get some questions,” he said. “The criteria hasn’t changed, we just need to start taking a closer look.”
The budget includes a schedule of donations for various local community groups throughout 2014. Also, Mayor Otto Goulding said taxes will not go up in 2014 to accommodate a 62 per cent increase in tipping fees. He also said the creation of a new industrial park is extremely important for the town.
“We’ve had business come to town and leave because they couldn’t do the expansion they want,” said the mayor. “Others haven’t come, so this is a goal we want to achieve this year.”
The budget takes effect Jan. 1.