Taxes for the residential and business classes were slated to go up by 7.7 percent this year.
That would have meant an increase of $57.09 to the average homeowner but because of a jump in overall assessments Quesnel City Council has the option of going with a smaller increase.
As a result there will be a 6 percent increase which amounts to roughly $44.60 cents to the average homeowner.
In both cases Council will still be able to put an additional 395 thousand dollars into the Capital Reinvestment Reserve for roads and sidewalks.
The vote was almost unanimous with Councillor Shushil Thapar the loan wolf.
He prefers to put more money into Capital Reinvestment, 450-thousand dollars, and go with a 7.1 percent tax increase.
The difference between the two was about 8 dollars a year to the average homeowner.
Thapar says that is the right financial decision and he questioned whether Council was making a political decision that looked good.
In all of the scenarios discussed last (Jan 26) night, major and light industry taxes will be frozen at 2015 levels for the next three years to reduce the City’s reliance on them and also be more attractive for future investment.