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Point Edward budget includes tax hike of 1.6%

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Point Edward council has approved a $4.2-million operating budget that includes a 1.6% tax increase for village residents.

As a result, the municipal portion of the tax bill will rise $11 to $689 on a house assessed at $110,000 in 2017.

Council also approved a capital budget of $3.4 million, with the bulk going to infrastructure.

Projects include road reconstruction on Helena Street and Victoria Avenue, replacing part of the watermain on Venetian Boulevard, and repairing a sewage pumping station on Kendall Street.

Money was also placed in reserves for a future fire department vehicle and reconstruction of St. Clair Street.

The final tax bills will combine village spending with Lambton County’s levy and education taxes. They will be mailed in early June and be due July 2 and Oct. 1, the village said.

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