THUNDER BAY -- With little discussion, city council approved its tax policy Monday night.
A 3.83 per cent levy increase over last year was approved by council in March.
The tax policy report, approved Monday, recommended the residential property class as a whole would see a 3.63 per cent increase in order to help pay for that.
That would see around an extra $4 million come from homeowners this year, bringing the total from that class to more than $104 million.
An additional $13 million is taken for education tax.
The commercial class would see a 2.4 per cent increase, bringing in nearly $44 million, another $59 million with education factored in.
Multi-residential is next with $13 million. Industrial, pipelines, farms and managed forests make up the additional roughly $6 million.
