The Makkovik Inuit Community Government has decided to increase the mil rates for property and business tax by 0.001 mils and to increase the water and sewer tax by $20.00 to offset these rising costs.
Makkovik Inuit community government has to show it is responsible to multiple levels of government it receives funding from, this decision was not taken lightly.
Under the Labrador Inuit Land claims act (LILCA) and Municipalities act 1999, The Makkovik Inuit community government, by law has to operate on a balanced budget.
After thoroughly reviewing the operating budget, Makkovik Inuit Community government, since the LILCA was signed and three years prior has not had an increase in any of its mil rates to reflect these rising costs.
MICG has also made cuts to its spending to bring costs down where ever possible.
Over this time, inflation on utility bills, fuel costs, regular general maintenance/repair on buildings, building insurance, and wages have also gradually increased.
In the last fifteen years there has been replacement of older infrastructure such as the new Craft centre, fire hall and youth center.
Completely new infrastructure has been built and operated such as the advanced water treatment plant, heated fire hydrant buildings, new sub-divisions, Makkovik arena, upgrades to the water and sewer system/lift stations and new heavy equipment.