1 minute read

CITY HALL COUNCIL NOTES

Total tax arrears owed during 2022’s fourth quarter was nearly $12,000 less than in 2021, while the number of people on repayment plans continued to decline.

City administration presented the fourth-quarter financial report during the Feb. 27 regular city council meeting. Data about tax arrears and outstanding debt were contained within the document.

Council voted unanimously to receive and file the report.

As of Dec. 31, 2022, taxpayers owed $1,341,842 in tax arrears. These comprised $1,211,371 in property tax liens and $130,471 in payment plans. The tax liens represented 90 per cent of total arrears.

In comparison, by Dec. 31, 2021, total tax arrears were $1,330,481, including $1,160,875 in liens and $169,606 in payment plans. The tax liens represented 87 per cent of total arrears.

Therefore, total outstanding tax arrears declined by $11,361 from 2021 to 2022.

Meanwhile, by Dec. 31, 2020, total arrears were $1,510,021, including $985,688 in liens and $524,333 in

This article is from: