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Countrywide ‘rates and taxes’ may increase next year

Finance Minister, Winston Jordan on Monday signaled that rates and taxes in towns and villages countrywide will possibly increase next year so that councils can get sufficient cash to deliver quality services.

He made the announcement in his 2018 National Budget speech, saying that the holding of Local Government Elections periodically was not sufficient.

He noted that “outdated land values must be addressed” and in 2018, government would spearhead countrywide valuation to bring all property values up to date.

GY$2.9 billion have been allocated to the Guyana Elections Commission (GECOM) to help prepare for the next local polls due in December, 2018.

For several decades, town and and neighbourhood democratic councils have been crying out for more funds to provide basic services such as road repair and construction, drainage and garbage collection, and the payment of wages and salaries.

The Georgetown City Council was recently granted a GY$300 million bail out by central government to pay the city’s two major garbage collection companies, Cevons and Puran Brothers. City Hall is still struggling to pay salaries on time, back-pay and remit deductions of income tax and social security to the Guyana Revenue Authority and the National Insurance Scheme.

  • ExPPP_Man

    Long overdue, must be done, can’t have low taxes and expect superior services.

    • Col123

      So ex KFC dude …how do you define superior services?…what services do I expect from my increase rates and taxes?…zilch!

  • powerplayer

    The NDC and city hall needs to work with the Government to get whats due to them. Do whats done around the world.

    A percentage of road license telephone tax cable tax GPL GWI vat belongs to the NDC You get the picture or do I have to name them all.

    Then NDC and city hall need to manage their affairs better again learn from developed cities and counties.

    Go on the computer and see how the rest of the world does it in the 21st Century.

    Lets cut the scare tactics of taxation to the poor folks