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CITCO set to Offer Discounts on Property Taxes for City Residents

Mayor Bernard Wagner has announced discounts being offered on property taxes by the Belize City Council. According to the Mayor, he is cognizant of the financial struggles being endured by many of the residents. He noted, however, that residents and business should make every effort to pay their taxes as that is what keeps the city running.

Bernard Wagner, Mayor of Belize City: “As the year winds down the finances of the council begin to improve. We’re in the trade license cycle¬†and most businesses are required ot pay their trade licenses before the commencement o next year and so that is what is driving us right now and right after that we have the property tax cycle which starts and we do plan on giving some level of discounts for those property owners who wish to access it. 15% in January, 10% in March. I urge all residents to take advantage of this great opportunity to save yourself some money. It’s fifteen cents on the dollar if you could save yourself fifteen cents on the dollar you should take advantage of that.”