What exactly is revenue neutrality and how does it apply to the property assessment and taxation system in New Brunswick? Answer: it doesn’t. And it’s costing us all a lot of money.
Whether we average residential property owners realize it or not, that restrictive relationship between residential and non-residential tax rates in NB is costing us money.
For us here in New Brunswick, decision day, Election 2024, is October 21. Oh, and there are municipal elections coming up here as well in May 2025. Plenty of chances to exercise our democratic muscles.
