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Tuesday, December 15, 2009

Taxes Going Down in Quispamsis

















[Mayor Murray Driscoll---File Photo]
Taxes in Quispamsis are going down.
As apart of the 2010 operating budget, the tax rate is decreasing by 2.2 cents, putting it at 1.20.
The entire budget is at $18.12 million dollars, and Mayor Murray Driscoll says there will be increased spending on road infrastructure as the town continues to grow.
Driscoll says the town is in good financial shape because it isn't borrowing money to pay for projects, with the exception of the Q-Plex. Driscoll says by not financing projects, and paying off the current debt, the town is realizing hundreds of thousands of dollars worth of savings.