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Finances
Under the supervision of the executive director, the Town of Caraquet has a considerable annual budget of approximately 4 million dollars to deliver the required services to its population, in accordance with the municipal council's objectives and the Municipalities Act.
With some numbers, here is the general operating budget for 2010 : Administration
| 1 026 117 $ | 21 % | Protection Services
| 1 004 448 $ | 20 % | Transport | 986 996 $ | 20 % | Health and Facilities | 739 836 $ | 15 % | Leisure Services | 363 748 $ | 7 % | Culture Services | 189 905 $ | 4 % | Financial Services | 654 884 $ | 13 % | Total | 4 965 934 $ | % 100 % |
2010 Tax rate for water and sewage:
Water $225
Sewage $225
Total $450 2010 Metered Usage:
Saltwater $1.00/1000 gallons
Freshwater $2.50/1000 gallons Sprinklers:
$1.30 per sprinkler 2009-2010 Property tax rate analysis:
| 2009
| 2010
| Variation
| % variation | Gross expenses | 4 462 987 | 4 965 934 | 292 947 $
| 6,27 %
| Minus non-tax revenues | 549 536 | 583 517 | 33 981 $ | 6.18 % | Net budget | 4 123 451 | 4 382 417 | 258 966 $ | 6,28%
| Minus provincial unconditional transfer grant | 667 543 | 667 543 | 0 $ | 0,00 %
| Amount to be covered by local taxes | 3 455 908 | 3 714 874 | 258 966 $ | 7,49 %
| Tax base | 234 824 240
| 252 420 599
| 17 596 359 $
| 7,49 % | Tax rate per $100 evaluation | 1,4717 $ | 1,4717 $ | 0,0000$
| 0,0000 %
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