00:00With most of government's two-month extension remaining to pay property tax,
00:05local government minister Faris Alrawi says all the taxes coming in over that
00:11time will be added to the 91 million dollars already collected and then
00:17divided across all corporations. The average request for funding from a
00:22corporation is about in the large corporations about a hundred million
00:25dollars. What do they get? They get close to 27 maybe 20 million dollars.
00:32The supplementation of that funding has in part been addressed in the budget because
00:36the Minister of Finance has informed that we collected close to 91 million
00:40dollars in property tax and that is to be distributed across the 14 corporations.
00:45He says the amount of property taxes collected in each area does not equate
00:50to the amount that particular area will receive.
00:54My arrow for instance has very few houses and a very large land area so if
00:59you only gave them what they generated it would be unfair. So there's gonna be a
01:04formula which the Minister of Finance will work out to prorate or manage how
01:09much you get because it would be unfair in some instances to deprive a less
01:15densely populated corporation of money saying well you only have ten houses so
01:19that's all you get in. However he says whatever the final allocation is it
01:24should mean more money to do more projects across communities.
01:29You can't fix a pothole with no money, you can't fix a drain, you can't fix a pavement, you
01:36can't collect and pay for garbage collection without money. So we are
01:39providing a direct linkage between the tax which was generated and giving it
01:45right back to the corporations so you can at least expect an incrementally
01:50better service.
01:51Cindy Raghuban Tika Singh TV6 News
Comments