The average tax bill for the residential and commercial sectors will be frozen in 2025 in Lac-Beauport despite the explosion in the value of buildings in the latest assessment roll.
Elected officials adopted a budget of $23.35 million on Tuesday evening, up $770,000 from the previous year.
By reducing the rate of the general property tax, the Municipality estimates that it has succeeded in completely canceling the impact of the very significant jump of 39.4% in the average value of buildings in its assessment role for the next three years.
Variations could, however, be noticed for buildings whose value has increased more markedly than the average.
This is particularly the case for vacant lots, cabins and vacation homes, which have seen even more dramatic increases in their value.
Rates for water and sewer services, residual materials and lighting are also frozen. Only the management of septic installations increases by $16 “to take into account the real cost of the contract for this service.”
Last year, citizens absorbed a municipal tax increase of 9.4%.
“This respite in the increase in the cost of property taxes is well deserved after the 2024 increase to finance the establishment of a full-time fire department,” affirms the Municipality in a press release.
The total debt is stable at $37.8 million, according to this press release, which describes the financial health of the Municipality as “excellent”.
The renovation of Chemin du Village and the replacement of the synthetic turf on the soccer field are part of the list of main investments planned for 2025 in Lac-Beauport.
The renovation of Chemin du Tour-du-Lac Nord is also in the works, but is conditional on obtaining a subsidy.
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