Hamilton city council has approved new measures that Mike Zegarac, the city’s general manager of finance, describes as “some short-term relief” for local taxpayers during the novel coronavirus pandemic.
During a virtual meeting on Wednesday, city council unanimously voted to waive penalties and interest on the April 30 instalment of municipal property taxes for 60 days, until June 30.
There will also be a 30-day waiver of penalties and interest on the June 30 instalment. Zegarac projects a loss in revenue for the city of $500,000, but Flamborough Coun.
Judi Partridge suggests the impact “could have been much greater” had the relief not been offered. The tax relief is available to all property classes and those who pay through preauthorized