Echoes from Borough Council

For 2008, residential buildings generated taxes of $47,972,700.00 while non-residential ones generated $35,317,500.00. Institutional buildings generated $3,396,500.00 and transfer taxes were $2,715,700.00 – all for a total of $89,402,400.00.

This amount was sent to the City of Montreal; in return LaSalle received a budget of $45,382,000.00, representing 50.8% of the amount. The portion retained by Montreal will be spent for the following services: municipal evaluation, water management, public security, fire protection, municipal court, social housing, assistance to the homeless, elimination of waste matter, public transport, water purification, management of road networks, promotion of the economy, industrial parks and many others. Mrs. Barbe believes that LaSalle receives its right share.“Ville Marie Borough’s return on investment is 11.37% and St. Laurent 29.9%. With LaSalle’s 50.8%, that makes us the fifth borough with the highest rate of return.”