Back to SearchDIEPPE, N.B. — Dieppe city council adopted its 2016 operating budgets totalling $62.3 million during its regular public meeting held on December 14. Of this amount, $50.3 million will go toward the general operating budget while $12 million will go toward the budget for water and sewer.
Capital spending budgets were also passed at the meeting: $10.9 million for the general capital budget (borrowing $1.5 million) and $1.7 million for the water and sewer capital budget.
The tax rate increase will be 1.5 cent which is $1.5995 per $100 of appraisal. For a typical house in Dieppe valued at $157,000, the property tax will increase from $2,488 to $2,511, this equals an increase of $23 annually. The water and sewer bill will see a $16 increase from $884 up to $900.
General operating budget
Revenue sources:
Property taxes $46,239,729
Community funding equalization grants $928,169
Other sources $3,103,710
Distribution of expenses:
Administration 8.4%
Assessment costs 1.1%
Police 10.8%
Fire 10.5%
Water 2.8%
Transportation 9.7%
Other public safety 7.4%
Communications 1.8%
Leisure 15.5%
Municipal buildings and environment 4.3%
Financial services 15.9%
Operating capital 8.2%
Engineering 3.9%
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