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Tuesday, October 12, 2010

No Tax Break For Saint John Transit












Service New Brunswick has denied the Saint John Transit Commission property tax relief determining it doesn't qualify because it's owned by the municipality.

The property tax bill for the new transit garage on the east side will be 380 thousand dollars which is 300 thousand dollars over budget. The 300 thousand dollars is the amount the transit budget was cut by Common Council in anticipation of tax relief.

The Transit Commission is also wants to talk about the implications of limiting its budget increase next year to just one per cent with Common Council.