Bracebridge is waiving penalties and interest on delayed property taxes due to COVID-19 until May 31
Muskoka Post Staff
The Town of Bracebridge is taking steps to provide financial support for those negatively affected by the COVID-19 pandemic.
Council held its first ever electronic council meeting to adopt a motion to waive penalties that would otherwise be charged for the non-payment of 2020 interim taxes that are due by March 31, 2020. Council’s decision removes any penalties and interest charged on non-payment of 2020 interim taxes until May 31, 2020, effectively deferring the requirement to pay for two months.
Town staff have also been directed to investigate additional measures that could be taken to support residents as part of the 2020 final tax billing, normally due by August 31st.
“The impacts of the COVID-19 pandemic are far reaching and are affecting people in many different ways, including economically. Council has taken quick and decisive action to ensure we are not penalizing property owners if they are unable to make their interim property tax payment on time,” said Mayor Graydon Smith.
The penalty waiving decision has been taken to support those most in need. Property owners that have the means to make their payment by the due date of March 31st are encouraged to do so, as property taxes fund many municipal and school board services that continue to be provided.
The Town of Bracebridge is working closely with the Simcoe Muskoka District Health Unit and other community partners to monitor the global situation regarding COVID-19, and to respond accordingly. The Town will continually update its website at www.bracebridge.ca with any changes to Town services as a result of COVID-19.