Wednesday, March 31, 2010

CORD taxes decrease, Hospital taxes increase

Published: March 30, 2010 6:00 PM Kelowna Capital News:

Overall, taxes charged by the Central Okanagan Regional District are going down slightly this year, after the board passed its 2010 budget last Friday. However, the Central Okanagan Regional Hospital District is increasing taxes by 17 per cent to pay for expansion at Kelowna General Hospital.

As for the Central Okanagan Regional Hospital District, residents across the region will see an average increase of $20 on that portion of their tax bills to pay for the ongoing expansion of Kelowna General Hospital. Originally, the hospital district had considered a $6 increase in taxes this year, but decided to increase taxes now to rely less on borrowing later.

Hospital district (all areas): Increase $20.24. (2010 Hospital taxes on a $440,000 home)

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