The Mayor and City Council (M&CC) collected in excess of $174 million in rates during the month of October, almost three times the $59 million collected for the corresponding period in 2014.
This is according to a report from the City Treasurer’s Department made public at yesterday’s statutory meeting.
The increase in revenue, according to Town Clerk Royston King is a direct result of the amnesty and the public confidence in the council’s ability to deliver to taxpayers the services due.
Speaking on the amnesty, Counsellor Junior Garret explained that the council has been able to collect in excess of $561 million over the almost three months it has been in effect.
On September 1, M&CC began offering property owners of Georgetown an amnesty on the interest accumulated on property rates owed to the council.
