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 for the 2017 taxation year was June 30, 2017.
Please be advised, Council is not obligated to approve a 2018 application on the basis of your organization having received exemption in previous years.
If you have any questions, please contact the Deputy Corporate Officer at 250 954-3070 or by email at firstname.lastname@example.org.