District votes unanimously to continue flat tax rate at 2019 rate

2020’s tax rate will be set at $649, 2019’s rate plus a 3 per cent increase for budget increase

Tax season. (File photo)

The District of Kitimat has voted unanimously to keep their 2019 flat tax rate of $630 in place, plus a three per cent increase to account for budget increases.

READ MORE: Kitimat home assessment values soar

The tax first came into being in 1990 when the Municipal Act was amended to allow for the system. The amendment was repealed in 1992, however areas that were using the system, including Kitimat, were able to continue to use it.

While eliminating the flat tax altogther would increase the spread in the total amount of taxes paid by low and high assessment properties, staff pointed out in their report to council that many municipal services, including police, fire and animal control are unrelated to property value. Staff added that higher property value assessments are not necessarily indicative of people with lots of money and could be a hinderance to businesses which would otherwise benefit from the flat tax.

“We are not aware of any formal analysis in B.C. demonstrating the correlation between income and assessment of a desidence,” the report to the District says.

Staff also pointed out that with Kitimat’s current housing market experiencing the paradoxical scenario of both extremely high vacancy rates and increasing rent prices that the flat tax rate serves to help smooth property tax swings.

Once a municipality decides to stop using the flat tax it cannot be reinstated.



trevor.hewitt@interior-news.com
Like us on Facebook and follow us on Twitter

taxes

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

KUTE expands service to accept paper products

Prior to May 23 the facility had only been accepting cardboard since it reopened on April 22

COVID-19 highlights lack of connectivity in First Nations communities

Many don’t have access required to utilize online platforms, says First Nations Technology Council

Salmon closures announced for Skeena and Nass watersheds

DFO notice expands on May 21 chinook ban throughout Skeena watershed

Locals getting good grades when it comes to social distancing: RCMP

The local detachment said the public has been responsible with adhering to COVID-19 practices

VIDEO: Injured bald eagle rescued in B.C. First Nations community

Bird suspected injured in fight, whisked off to Coquitlam rehab

B.C.’s Central Kootenay region declares state of emergency, issues evacuation orders

The evacuation alert covers all areas except the Cities of Castelgar and Nelson

‘I’m afraid’: Witnesses of wolf attack on senior near Prince Rupert worried about safety

Frank Russ shows where the unprovoked wolf attacked his father

Protesters prepare to rally against racism in front of Vancouver Art Gallery

Rally is in response to the deaths of black Americans and a Toronto woman

Introducing the West Coast Traveller: A voyage of the mind

Top armchair travel content for Alaska, Yukon, BC, Alberta, Washington, Oregon and California!

Protesters rally against anti-black, Indigenous racism in Toronto

Police estimated the crowd to be between 3,500 and 4,000 and said there was no violence

Feds earmark $1.5M to support recovery of B.C., Indigenous tourism

B.C. money will be split between Vancouver Island and Indigenous tourism

‘We’re sick of it’: Anger over police killings shatters U.S.

Tens of thousands marched to protest the death of George Floyd

Surrey mayor’s party under fire for ‘sickening’ tweet accusing northern B.C. RCMP of murder

Mayor Doug McCallum says tweet, Facebook post ‘sent out by unauthorized person’

Most Read