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.
“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.
