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.
Please see the policy below for eligibility and criteria. The deadline to submit your application for exemption consideration for the 2019 taxation year is 4 pm on Friday, June 29, 2018. Details as well as an application form and policy may be obtained below or from City Hall.
If you have any questions, please contact the Deputy Corporate Officer at 250 954-3070 or by email at email@example.com.