Anmore homeowners will see their property tax bills up 9.5% this year.
The budget, of which council unanimously gave three bylaw readings on Tuesday night, is the first under Mayor John McEwen who said the majority of the hike will go to the village's capital asset reserve fund.
The increase translates to $167.68 for residents living in an average home valued at $1.2-million; utility bills will also rise about 8%.
The $3.1-million financial plan does not call for any new policing hires nor any specific road or parks improvements, McEwen said noting the budget is expected to be adopted on April 7.
Meanwhile, in neighbouring Belcarra where its $1.6-million budget was unanimously approved on March 9, homeowners will see a 2% hike to their property tax bills this year.
Mayor Ralph Drew said that means another $38 for owners living in an average home valued at $1.3 million - plus another $30 in water charges.
Like Anmore, there will be no new Mounties in Belcarra; however, council has budgeted $260,000 for an overlay paving on Main Avenue and on Bedwell Bay Road (between West and Midden roads).
Currently, the village has $800,000 in reserves but owes the Municipal Finance Authority $4 million on a loan to pay for the new water system that was installed two years ago.
This week, Port Coquitlam city council gave three readings to its budget bylaw, raising taxes by 1.46% while Coquitlam council formally adopted its financial plan with a 2.7% increase for residential properties.
@jwarrenTC
