Halifax Regional Council is recommending to staff of holding the tax rate for the 2009-10 budget year.
Council made its decision at yesterday’s Committee of the Whole meeting after hearing the second presentation to HRM’s Fiscal Framework.
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“Council is mindful of the world’s economic volatility and wishes to bear no additional burden on the taxpayer,” Mayor Peter Kelly said.
Council also approved a reduction in the Fire Protection Area Rate this year, to eliminate a $4.7 million surplus that has grown in the FPAR.
A draft budget will be presented to council on April 28.