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Tuesday, March 9, 2010

Premier Calls Increases In Property Tax Bills "Unacceptable"

(Premier Shawn Graham)
(File Photo)

If homeowners feel they're being gouged after receiving their property tax bills, Premier Shawn Graham says they should be talking to their municipal Mayors and Councillors because he maintains the province tried to keep any increases in the assessments from being over the top. Graham charges the vast majority of municipalities chose not to follow the legislation.
The Premier is promising what he calls a more proactive approach without being specific about what he has in mind. Mayor Ivan Court says a cap on assessments would be the worst thing that could happen in Saint John because the city wouln't be able to operate financially. He claims there are many properties in the city that are undervalued. Quispamsis Mayor Murray Driscoll points out the tax rate in his town has been dropping but housing prices have been escalating well above the rate of inflation and this is a factor in rising property assessments.