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Permissive tax bylaws close to $300,000
Council schedules special meeting for adoption
City of Powell River councillors passed the first three readings of five permissive tax bylaws at the October 15 council meeting.
The Community Charter lists two classes of exemptions, statutory and permissive. Examples of statutory exemptions, which receive 100 per cent exemption, include public schools and grounds, churches and the land underneath the church, hospitals and public libraries.
Permissive tax exemptions are allowed for a variety of not-for-profit organizations and for some properties which are held by organizations that receive statutory exemptions, such as church halls or land surrounding a church. Permissive tax exemptions are at the discretion of city council and may range from zero to 100 per cent.
The city’s current practice is to prepare five separate bylaws annually to grant the permissive tax exemptions. The bylaws must be adopted by council on or before October 31 each year and apply to taxation in the next year.
The total tax exemption for 2010 is estimated to be $298,025.
Dave Douglas, director of financial services, recommended two organizations, the Powell River Branch of the Royal Canadian Legion and the Powell River Kiwanis Housing Society, not be included in the bylaws that apply to 2010. He also recommended a reduction to the amount of exemption for the Westview Flying Club.
Council is slated to adopt the bylaws at a special council meeting, scheduled for 12:30 pm on Thursday, October 29.
The Community Charter lists two classes of exemptions, statutory and permissive. Examples of statutory exemptions, which receive 100 per cent exemption, include public schools and grounds, churches and the land underneath the church, hospitals and public libraries.
Permissive tax exemptions are allowed for a variety of not-for-profit organizations and for some properties which are held by organizations that receive statutory exemptions, such as church halls or land surrounding a church. Permissive tax exemptions are at the discretion of city council and may range from zero to 100 per cent.
The city’s current practice is to prepare five separate bylaws annually to grant the permissive tax exemptions. The bylaws must be adopted by council on or before October 31 each year and apply to taxation in the next year.
The total tax exemption for 2010 is estimated to be $298,025.
Dave Douglas, director of financial services, recommended two organizations, the Powell River Branch of the Royal Canadian Legion and the Powell River Kiwanis Housing Society, not be included in the bylaws that apply to 2010. He also recommended a reduction to the amount of exemption for the Westview Flying Club.
Council is slated to adopt the bylaws at a special council meeting, scheduled for 12:30 pm on Thursday, October 29.
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