Wednesday, June 28, 2006

Tax Ratios to be examined for first time in 10 years.


Vernon Council instructed the Financial Staff to bring back a full report on the implications of changing the Light Industrial Ratio to the equivalent of the Business Tax Ratio AND to change the Utilities Tax Ratio from 2.82 to 5.00 or the same as Kelowna Rate by Oct/ 2006.

(From the June 26th meeting of Council)

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