Thursday, May 29, 2008

Property Tax Review

Starlee Speers, Astral Media Radio - Vernon

If Vernon council has it's way, the BC government will conduct a Property Tax Review. Councillor Barry Beardsell says, a review is needed because homeowners are paying more and more to the government each year, and the community hasn't seen a increase in the money returned from the Province. Beardsell says, the system should be changed so a percentage of the property transfer tax goes back into the area is was collected from. He points to homeowners, especially those on the lake, who have seen their property taxes increase every year, but likely don't use any more services or resources than residents living elsewhere. Council approved sending the motion to the Union of BC municipalities for consideration.


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