Tax bill hike coming for HRM residents
HALIFAX, N.S. — The average residential tax bill in Halifax Regional Municipality is projected to increase by $30 or 1.5 per cent for the 2020-21 fiscal year.
That’s the fiscal framework that regional council agreed to work with Tuesday, although numbers and calculations can change as each of the municipality’s business units digs down to present budgets during the coming months.
“We are seeing our costs outpacing assessment growth so this means that there is going to be upward pressure on the tax rate,” Jane Fraser, chief financial officer for the municipality, explained at a budget meeting Tuesday…[Read More]