The total budget is just over 12.58 million dollars down from just over 13.94 million last year. Budgeted revenue is down due to a drop in assessments and grant funding. The total mill rate for residential increased by 3.11 percent to 59.12 and for commercial an increase of 2.59 percent to 59.89. It was noted Flin Flon School Division represents 48 percent of the total mill rate with the city portion dropping by 1.68 mills to 25.97. An example noted with the lower assessments based on the city portion of the mill rate only a home valued at 50 thousand dollars would see a tax reduction of 84 dollars. The Special Services Levy will be 407 dollars.
Larger expenses include completing critical upgrades to utilities and upgrades and repairs to the Community Hall, Tourist Park and the Public Works Maintenance Shop including computers and the city’s communication system. Demolition and clean up of the Aqua Centre is estimated at 237 thousand dollars which will increase to 880 thousand if the Canada Manitoba Infrastructure grant application is approved to include engineering and consulting work to prepare for the new pool. In discussions three people attending agreed to a new pool only if other communities using it share the total costs with the city.