Finances

As an incorporated village, the Village of Pugwash is legally permitted to raise taxes to pay for services provided.  Strict rules apply as to what a village commission can do for services and how its finances are reported.  All financials are audited by auditors registered with the NS Department of Municipal Affairs and their report is presented at the village Annual General Meeting in May.

The Commission and Clerk continually work together to produce the budget for the next fiscal year.  They have to keep in mind not just the general cost of maintaining the services villagers have come to expect, but to plan for the future.  Properties need maintenance, which sometimes can be expensive.  Larger projects have to be planned, such as the village's participation in a municipal water supply, a multi-purpose centre and library and the community contribution towards a new Collaborative Emergency Centre to replace the existing North Cumberland Memorial Hospital.

The financial year starts on April 1st.

Consolidated Financial Report March 2014

Budget for 2014/15

Village Taxes
Village residential taxes are 30c for every $100 of appraised value of a property.
Village commercial taxes are 37c for every $100 of appraised value of a business.

Additional taxes
County tax: Residential taxes are $1.04 and commercial tax is 2.63 for every $100 of appraised value of a property
Sewer tax.  This applies to all properties that next to the Pugwash sewer system, whether a property is connected to the sewer or not.  This is a Municipal tax.
Street lights.  Street lights adjacent to the property are taxed.  In 2014 this was $41.19 per property. This is a Municipal tax.