12/05/2014 01:22 EST | Updated 02/04/2015 05:59 EST

New Brunswick increasing total community funding and equalization grants

FREDERICTON - New Brunswick municipalities and local service districts will receive almost $73 million in community funding and equalization grants from the province for 2015.

That's an increase of $1.2 million from 2014.

Local Government Minister Brian Kenny says the total tax assessment base across the province increased by 3.1 per cent over the 2014 base.

Moncton will see a grant reduction of $3.2 million, while Fredericton will get $1.2 million less.

Miramichi is getting an increase in grant funding of $1.5 million, while Saint John gets an extra $1.3 million.