The Georgetown Mayor and City Council (M&CC) will be hiking taxes by 10% for residential and commercial properties from the start of next year.
It is hoped that with the increased revenue, City Hall will be able to offset its expenses for various works across the capital.
The move to hike the rates was recommended by the M&CC’s Finance Committee after a meeting last Thursday, where it reviewed the rate structure for properties.
At yesterday’s statutory council meeting, where the committee’s report was adopted by way of a motion, Town Clerk Royston King said the