The Coldstream Ranch is asking the municipality for some tax relief. Ranch owner Keith Balcaen appeared before council Monday to express concern about the farming tax rate. Mayor Jim Garlick says they had looked at the rate again this year before setting the budget. "Historically they've been several times higher than the residential, and that's been because the difference in assessed value of farm land compared to regular residential land, is much lower," says Garlick. Garlick says they're trying to keep some balance between the two, and will likely review it again in the next budget year and compare with other municipalities. He says an additional factor is the large amount of roads that must be maintained, and the cost has to be shared.
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Don Quixote Note:
Coldstream Council Agenda Package Monday March 9: P.57-70 has report on Tax Multripliers (Tax Ratios) in Coldstream as compared to other selected comparative municipalities.
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107.5 KISSFM: Poll- Results FINAL
 Do you think the farming sector is getting a fair deal on property taxes ? | ||
|---|---|---|
| yes | ||
| 23- | 51.1% | |
| no | ||
| 22- | 48.9% | |
| Number of Voters | : 45 |
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