Permissive Tax Exemptions

Under the provisions of Section 224 of the Community Charter, Council may, on or before October 31, exempt land and/or improvements from municipal property taxes for the next calendar year, subject to meeting certain requirements which in general, restrict exemption to non-profit organizations using the lands for specific non-profit purposes.

Policy No. 6.15 was updated and approved by Council on July 15, 2013. The new policy contains several important changes from previous years; the policy now requires your organization to submit a copy of its most recent financial statements and budget, as well as a copy of the latest registered charity or non-profit organization information return. Also, please take note of Section 5 of the policy which sets out future reductions in permissive tax exemption allocations. In accordance with the policy, the allocation for exemptions will be reduced over time from 2.5% of the annual budget to 1.67% of the annual budget. This may result in proportionately reduced exemptions for all recipients.

The deadline to submit your application for exemption consideration for the 2018 taxation year is 4 pm on Friday, June 30, 2017. Details as well as an application form and policy may be obtained below or from City Hall.

• Policy and Application Form

If you have any questions, please contact the Deputy Corporate Officer at 250 954-3070 or by email at seross@parksville.ca.