{"id":3277406,"date":"2024-11-06T15:46:47","date_gmt":"2024-11-06T19:46:47","guid":{"rendered":"https:\/\/chsrfm.ca\/blog\/?p=3277406"},"modified":"2024-11-06T15:46:47","modified_gmt":"2024-11-06T19:46:47","slug":"chsr-news-november-6th-2024-fredericton-city-budget-to-see-decreased-inside-tax-rates-more-frequent-transit-services","status":"publish","type":"post","link":"http:\/\/chsrfm.ca\/blog\/general\/chsr-news-november-6th-2024-fredericton-city-budget-to-see-decreased-inside-tax-rates-more-frequent-transit-services","title":{"rendered":"CHSR News &#8211; November 6th, 2024 &#8211; Fredericton City Budget To See Decreased Inside Tax Rates, More Frequent Transit Services"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Fredericton City Council has agreed, in principle, to a 180-million dollar proposed budget during their last council-in-committee meeting before it goes for an official vote on November 25th.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The city saw a 6.98% assessment base increase in property value over the last fiscal year, 2.3% due to new construction and a 4.68% market assessment increase, which <\/span><span style=\"font-weight: 400;\">has prompted a proposed 2 cent decrease in the inside residential tax rate, for residents with full access to city services, from 1.3286 to 1.3086 dollars per 100$ in assessed value.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It will also see an increase in transit, with high traffic routes during weekday service being increased to every half hour, and as a result will see increases in rates<\/span><span style=\"font-weight: 400;\"> for four-hour parking meters and both hourly and monthly parking rates in the city\u2019s garages and car parks.\u00a0<\/span><\/p>\n<p>Listen to hear more details on the budget as a whole and the impending changes.<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_9737\"><a href=\"http:\/\/chsrfm.ca\/podcast\/general\/NEWS\/2024-11-06%20-%20CHSR%20News%20-%20Fredericton%20City%20Budget%20To%20See%20Decreased%20Inside%20Tax%20Rates%2C%20More%20Frequent%20Transit%20Services.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('9737','http:\/\/chsrfm.ca\/podcast\/general\/NEWS\/2024-11-06%20-%20CHSR%20News%20-%20Fredericton%20City%20Budget%20To%20See%20Decreased%20Inside%20Tax%20Rates%2C%20More%20Frequent%20Transit%20Services.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/chsrfm.ca\/blog\/wp-content\/plugins\/powerpress\/play_audio.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" width=\"23px\" height=\"24px\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"http:\/\/chsrfm.ca\/podcast\/general\/NEWS\/2024-11-06%20-%20CHSR%20News%20-%20Fredericton%20City%20Budget%20To%20See%20Decreased%20Inside%20Tax%20Rates%2C%20More%20Frequent%20Transit%20Services.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('http:\/\/chsrfm.ca\/blog\/?powerpress_pinw=3277406-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"http:\/\/chsrfm.ca\/podcast\/general\/NEWS\/2024-11-06%20-%20CHSR%20News%20-%20Fredericton%20City%20Budget%20To%20See%20Decreased%20Inside%20Tax%20Rates%2C%20More%20Frequent%20Transit%20Services.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"2024-11-06%20-%20CHSR%20News%20-%20Fredericton%20City%20Budget%20To%20See%20Decreased%20Inside%20Tax%20Rates%2C%20More%20Frequent%20Transit%20Services.mp3\">Download<\/a><\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"http:\/\/chsrfm.ca\/blog\/feed\/podcast\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"http:\/\/chsrfm.ca\/blog\/subscribe-to-podcast\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p><!--powerpress_player-->","protected":false},"excerpt":{"rendered":"<p>Fredericton City Council has agreed, in principle, to a 180-million dollar proposed budget during their last council-in-committee meeting before it goes for an official vote on November 25th. The city saw a 6.98% assessment base increase in property value over the last fiscal year, 2.3% due to new construction and a 4.68% market assessment increase,<\/p>\n<p><a class=\"excerpt-more blog-excerpt\" href=\"http:\/\/chsrfm.ca\/blog\/general\/chsr-news-november-6th-2024-fredericton-city-budget-to-see-decreased-inside-tax-rates-more-frequent-transit-services\">Read more&#8230;<\/a><\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_9739\"><a href=\"http:\/\/chsrfm.ca\/podcast\/general\/NEWS\/2024-11-06%20-%20CHSR%20News%20-%20Fredericton%20City%20Budget%20To%20See%20Decreased%20Inside%20Tax%20Rates%2C%20More%20Frequent%20Transit%20Services.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('9739','http:\/\/chsrfm.ca\/podcast\/general\/NEWS\/2024-11-06%20-%20CHSR%20News%20-%20Fredericton%20City%20Budget%20To%20See%20Decreased%20Inside%20Tax%20Rates%2C%20More%20Frequent%20Transit%20Services.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/chsrfm.ca\/blog\/wp-content\/plugins\/powerpress\/play_audio.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" width=\"23px\" height=\"24px\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"http:\/\/chsrfm.ca\/podcast\/general\/NEWS\/2024-11-06%20-%20CHSR%20News%20-%20Fredericton%20City%20Budget%20To%20See%20Decreased%20Inside%20Tax%20Rates%2C%20More%20Frequent%20Transit%20Services.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('http:\/\/chsrfm.ca\/blog\/?powerpress_pinw=3277406-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"http:\/\/chsrfm.ca\/podcast\/general\/NEWS\/2024-11-06%20-%20CHSR%20News%20-%20Fredericton%20City%20Budget%20To%20See%20Decreased%20Inside%20Tax%20Rates%2C%20More%20Frequent%20Transit%20Services.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"2024-11-06%20-%20CHSR%20News%20-%20Fredericton%20City%20Budget%20To%20See%20Decreased%20Inside%20Tax%20Rates%2C%20More%20Frequent%20Transit%20Services.mp3\">Download<\/a><\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"http:\/\/chsrfm.ca\/blog\/feed\/podcast\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"http:\/\/chsrfm.ca\/blog\/subscribe-to-podcast\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p><!--powerpress_player-->","protected":false},"author":61,"featured_media":3277409,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[12140,1,13495],"tags":[3378,13496,293,13593,590,13596,13594,13595],"class_list":["post-3277406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chsr-news","category-general","category-ljinews","tag-budget","tag-city-council","tag-fredericton","tag-inside-tax-rate","tag-new-brunswick","tag-parking","tag-taxes","tag-transit"],"jetpack_featured_media_url":"http:\/\/chsrfm.ca\/blog\/wp-content\/uploads\/KEATING-scaled.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/chsrfm.ca\/blog\/wp-json\/wp\/v2\/posts\/3277406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/chsrfm.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/chsrfm.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/chsrfm.ca\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"http:\/\/chsrfm.ca\/blog\/wp-json\/wp\/v2\/comments?post=3277406"}],"version-history":[{"count":2,"href":"http:\/\/chsrfm.ca\/blog\/wp-json\/wp\/v2\/posts\/3277406\/revisions"}],"predecessor-version":[{"id":3277410,"href":"http:\/\/chsrfm.ca\/blog\/wp-json\/wp\/v2\/posts\/3277406\/revisions\/3277410"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/chsrfm.ca\/blog\/wp-json\/wp\/v2\/media\/3277409"}],"wp:attachment":[{"href":"http:\/\/chsrfm.ca\/blog\/wp-json\/wp\/v2\/media?parent=3277406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/chsrfm.ca\/blog\/wp-json\/wp\/v2\/categories?post=3277406"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/chsrfm.ca\/blog\/wp-json\/wp\/v2\/tags?post=3277406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}