addendum to previous post
The Thunder Bay Chamber of Commerce is issuing a challenge to to city hall to get serious about controlling spending. – Tbnewswatch
So, City Hall needs to get serious about the high property taxes in this city. Tim Commisso, City Manager, responded with
City manager Tim Commisso says the city can always improve but comparisons don’t take into account Thunder Bay’s isolation, its low density and spread out tax base, which makes it hard to compare to other parts of Ontario.
And he points out the study doesn’t include the $2.1 million dollars in new assessment this year, due to the huge spike in building permits in the past two years. – Tbnewswatch
Yes…Mr. Commisso addressed the problem of high property taxes by pointing out that the study omitted to include $2.1 million in new property assessment. So how much additional dollars will that add to city coffers? A lot less than $2.1 million. Because that is $2.1 million in new property ASSESSMENT! Not property TAXES. Maybe $30,000 in additional taxes? The cost of calling out the snow plows two nights this winter.
Nice try Tim.
The City of Thunder Bay is a Ponzi scheme. Has to be.