Finances

Under the Executive Director’s watchful eye, the Town of Caraquet manages a sizeable budget of nearly $9 million annually to provide essential public services, in accordance with Municipal Council’s objectives and the Municipalities Act.

 

General operating budget for 2018:

Administration $ 1 540 924 21.65%
Protection Services $ 1 183 796 16.63%
Transport $ 1 434 895 20.16%
Health and Facilities $1 192 218 16.75%
Leisure Services $ 680 993 9.57%
Culture Services $ 259 485 3.65%
Financial Services $ 824 489 11.59%
Capital expense $ 0 0%
Total $ 7 116 800 $  100%

Property tax rate analysis:

  2017 2018 Variation
Amount to be covered by local taxes $ 5 679 448 $ 5 660 533 $ (18 915)
Tax base

378 201 250

$ 376 941 682

$ (1 259 568)

Tax rate per $100 evaluation $1.5017 $ 1.5017 $ 0.0000

2018 Tax rate for water and sewage:

Water $300
Sewage $300
Total $600

2017 Metered Usage:

Saltwater $1.00/1000 gallons
Freshwater $2.75/1000 gallons

Sprinklers:

$1.30 per sprinkler