Tuesday, November 16, 2010

MUNICIPALITIES RECEIVE $16.2 MILLION IN LIEU OF TAXES

 VICTORIA The Province, through the Ministry of Citizens’ Services, is providing $16.2 million to 63 B.C. municipalities as grants in lieu of property taxes for 2010.  Before the 1960s, it was practice that one level of government did not tax the property of another level of government. However, in 1963, the Province began to recognize its responsibility to compensate municipalities for local services that benefited these properties, such as roads, sewers and fire protection.  Grants-in-lieu of property taxes are distributed as a way to compensate municipalities for services that benefited government properties. The grants are based on the assessed value of provincially owned office buildings and other properties in each municipality. To save time, money and paper, the funds are distributed electronically. Since 2002, the Government of British Columbia has distributed more than $156 million as grants in lieu to B.C. municipalities. Each municipality sends a portion of the funds to its regional district, and those local governments use the money to help pay for local services.


MUNICIPALITIES RECEIVE $16.2 MILLION IN LIEU OF TAXES

Municipality
2010 GIL Payment ($)
Municipality
2010 GIL Payment ($)
100 Mile House
23,888
North Vancouver
100,249
Abbotsford
210,421
Northern Rockies (RM)
40,212
Burnaby
847,976
Oliver
3,858
Burns Lake
7,314
Parksville
24,778
Campbell River
74,853
Penticton
91,181
Castlegar
21,737
Port Alberni
59,053
Chilliwack
44,653
Port Coquitlam
837,770
Coquitlam
739,030
Powell River
43,824
Courtenay
36,861
Prince George
1,986,311
Cranbrook
28,224
Prince Rupert
63,076
Creston
13,726
Princeton
1,047
Dawson Creek
106,822
Queen Charlotte
3,141
Delta
22,214
Quesnel
53,115
Fernie
2,774
Revelstoke
25,524
Fort St. James
35,287
Richmond
11,292
Fort St. John
103,604
Rossland
13,002
Golden
4,134
Saanich
409,606
Hazelton
22,051
Salmon Arm
13,861
Hope
12,478
Sicamous
4,857
Houston
3,734
Smithers
130,115
Kamloops
1,223,842
Squamish
4,330
Kelowna
346,835
Stewart
2,161
Kent
2,439
Surrey
523,288
Lumby
3,612
Terrace
137,405
Maple Ridge
665,716
Vancouver
2,830,355
Masset
23,153
Vernon
90,279
McBride
3,500
Victoria
3,036,392
Merritt
32,765
View Royal
146,889
Nakusp
6,054
Wells
1,482
Nanaimo
355,254
Williams Lake
52,189
Nelson
194,548
Zeballos
4,069
New Westminster
253,578




Total 
$16,217,788

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