0.1 C
Fort St. John
Sunday, October 13, 2019
9924 101 ave Fort St. John, B.C.
Home News Fort St. John sees slight decrease in unpaid property taxes compared to...

Fort St. John sees slight decrease in unpaid property taxes compared to 2017

FORT ST. JOHN, B.C. – The amount of outstanding property taxes in Fort St. John has dropped slightly compared to last year, though the City is still owed over $7.7 million.

According to the City’s Finance Director Shirley Collington, the City was due to collect $50.6 million from the 9,323 tax notices that were mailed out in May.

At the July 3rd deadline, the City had received 84.7 percent of the taxes owing, leaving $7,731,337.79 still owing.

Collington said that the unpaid taxes don’t have a negative financial impact at this time, with the current outstanding taxes having been issued a 10 percent penalty.

Any taxes still outstanding after January 1st, 2019 are charged daily compound interest.

Collington said that while the $7.7 million in outstanding taxes is lower than last year’s nearly $8.7 million, it is far higher than the amount in 2015 when just under $5 million in property taxes weren’t paid by the City’s deadline.

get the latest news in your inbox


Local Events

Must Read

Some facts and figures about the federal riding of Cape Breton-Canso

PORT HAWKESBURY, N.S. — Cape Breton-Canso The riding has been represented by Liberal Rodger Cuzner since 2000, and in 2015 he won with 74 per cent...