City's Bottom Line Boosted By Increased Property Taxes At Former Transit Garage

Despite criticism about the cost of the new transit building on the east side, the city's bottom line is benefitting from the additional tax revenue being derived from its old location on Fairville Boulevard.

Saint John Transit Assistant General Manager Brian Thorne says alot more property taxes are being paid than when it was a bus garage. Thorne says Saint John Ttransit paid something like 65 thousand dollars while the property bill on that new development now is several hundred thousand dollars.

Saint John Transit is still looking for some relief from its own property tax bill which is in the area of 380 thousand dollars.