Tuesday, January 10, 2012

Appeal Assessment Influencing Budget Talks


AbitibiBowater's appeal of its assessment of the Fort Frances mill is weighing heavily on town councillors as they begin budget discussions next week.

Treasure Laurie Witherspoon says a decision on the appeal won't be known for some time, but a reduction of any kind will have a significant impact.

A decision on the company's appeal could come later this year.

Preliminary figures show a current shortfall in the proposed operating budget for 2012 of about $300-thousand, but doesn't take into account the outcome of that appeal which is still before the Assessment Review Board.