Mount Pearl reducing property tax

Bonnie
Bonnie Belec
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Mount Pearl Deputy Mayor Jim Locke. — Telegram file photo

The City of Mount Pearl has just announced it is reducing property tax by more than two mills.

While deputy mayor Jim Locke said the cost of regional services and wages, including mandatory payroll costs, continue to rise, council is able to maintain services and keep property taxes down.

See tomorrow's Telegram for more details.

Geographic location: Mount Pearl

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Recent comments

  • OH MY
    December 19, 2012 - 06:58

    well thats right they aint reducing property taxes they are increasing them, never a break for home owners....

  • St John's resident
    December 18, 2012 - 20:30

    Sounds like I should move to Mt Pearl,they have better snow clearing,lower taxes,new garbage system,from what I understand is working out great.They have a mayor who don,t spend their city taxes on foolishness,oh and their Mayor has a better personality.What more can you ask for.

  • Political Watcher
    December 18, 2012 - 17:51

    I smell electioneering in the air..... Mount Pearl's motto; buy them with their own money

  • Sean
    December 18, 2012 - 17:26

    The headline and story is misleading. Are they really reducing property tax? If so, a property owner will pay less tax. I doubt it. They are reducing the mil rate, not property tax. With an increase in assessed values, a decrease in mil rate means that property tax likely will still increase! This happens every assessment year when every municipality issues its budget. It is irritating and irresponsible that media continue to issue these misleading headlines...state it the way it truly is.

  • PETER
    December 18, 2012 - 16:56

    Mount Pearl is not reducing property tax, it is reducing the mill rate, there is a major difference. I would be willing to bet the property tax is still going up due to increased assessments. Get the story right!