Monday, February 04, 2013

Finance Committee Monday 10 AM

Don Quixote Note: The Permissive Tax exemption Policy will be examined as a suggestion from the budget debates and the Core Service Review indicates that this is a Revenue Opportunity. Figures used in budget are that a 10% reduction would save $59,000. Total 2013 exemptions from Pages 51 and 52 in the agenda package total $600,349.95 so the 10% reduction could actually save 60,035.
Any Savings would be effective in 2014. 

Breakdown of 2013 Permissive Tax exemption
This is a finance committee meeting of the City of Vernon and is open to the public and Media.
10 AM in the Kalamalka Lake Room.

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