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Friday, November 25, 2011

Province Releases Totals For Unconditional Grants

Municipalities, rural communities and local service districts will receive $69,012,690 in unconditional grants in 2012.

Saint John will be receiving about 19 million dollars while Quispamsis is getting over 800-thousand and Rothesay a little over 400-thousand.

Rothesay Mayor Bill Bishop tells CHSJ News with these figures coming in along with provincial assessments, the town budget for next year will be finalized soon.

He believes the town will be able to hold the tax rate.

There was a slight reduction in funding overall and local service districts will see a slight increase in taxes to reflect administration costs in LSD's.