A 241 thousand dollar cut in provincial funding has caused Quispamsis Town Council to delay finalisation of next year’s budget.
Mayor Murray Driscoll tells CHSJ News the cut was deeper than the town anticipated and the loss can only be made up through taxation. He quickly adds that doesn’t necessarily mean the town’s tax rate will be going up but a review is underway.
Driscoll says the province plans further funding reductions, not just next year, but in the two years after that which means the overall cut, when it’s all said and done, will be significant.
The town’s budget will be unveiled at a special meeting January 8th.
