The SOE was prepared with no changes to the residential tax rate of $ 1.30 and the commercial rate of $ 1.85. This year's SOE is proposing an increase of approximately 9% in revenues and expenditures from the 2021-2022 estimates.
Tax revenue has seen an increase over last year's budget of 8.8%, this is mainly due to a boom in the market which is leading to an increase in assessments. The Municipality of the District of Digby has had no tax increases in the past sixteen years.
|Tax Revenue||Rates||2022 - 2023||2021 - 2022||%|
|Less Seasonal Tourist Reduction||-$9,974||-$11,438|
|Total Tax Revenue||$6,788,168||$6,236,626||8.8%|