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This is just outrageously high : Fall River homeowners shocked by ​$9,610 municipal bill

  FALL RIVER, N.S. When Jeremy Cayea got the bill from the city totaling more than $9,600 earlier this week, he couldn t believe it. On top of that, the bill, which is supposed to be paid by Aug. 27, if you can t afford to pay the ten grand all up front, he says, they put you on a payment plan with interest. According to the Guideline for Payments sent to him by the city, that interest – with payments until Aug. 27 of 2040, would cost him another $4,062. That interest, says the document, is 4.45 per cent per year, calculated on the principal and applied daily.

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