In 2012 the average Oliver home is assessed at $297,899 – up about 8800 dollars over the previous year.
Taxes however will not rise (on average)
Taxes and Utility charges combined will increase 1.3%
The noted hike will be because of sewer and water charges increasing. (6% on water rates and 2% on sewer utility charges.)
In the capital budget here is a list of projects that are designed to be completed in 2012:
1. some building upgrades, equipment and vehicle replacements, road and sidewalk improvements, storm drains
2. $2,000,000 for Rural Twinning Phase 3 – water
3. $548000 for chlorination project – water
4. $385000 for Rural Twinning Phase 2 completion – water
5. $181000 for Flume 3 rehabilitation – water
6. $1,000,000 Aeration Cell construction – sewer
7. $2,000,000 Winter storage reservoir – sewer
Council was told that almost 50 percent of the operations and capital budgets goes to water