Taxes owed to Hastings Highlands drop significantly
Outstanding taxes owed to Hastings Highlands are at their lowest level in over a decade.
That’s according to Treasurer David Stewart, who presented the information to council during today’s meeting. As of today, $430,000 in taxes is owed to the municipality, compared to nearly $1.5-million at this time last year. By March, it is expected to climb to about $730,000.
However, Stewart says that means the community’s outstanding tax situation would be classified as low-risk by the province. Stewart says this will benefit the municipality’s cash flow.
Stewart says part of the drop in outstanding taxes may have to do with the municipality’s fair and formalized collection system.
Stewart says it’s hard to say whether it’s fewer people owing taxes, or the same amount who owe less.