Abbotsford/Hope/Maple Ridge/Victoria – The B.C. government has distributed $179,799.84 to the City of Abbotsford in compensation for municipal property taxes.
A total of approximately $17.3 million in compensation for municipal property taxes has been paid to 56 communities around the province. Grants-in-lieu of property taxes are distributed every November as a way to reimburse municipalities for services that benefited government properties, such as municipally run sewers, roads and fire protection.
“Reimbursing Abbotsford for the services they provide that benefit government properties means the city can invest extra money into much needed services and programs for residents,” Abbotsford South MLA Darryl Plecas said.
The B.C. government has distributed $1,205,365.78 to the District of Maple Ridge in compensation for municipal property taxes.
A total of approximately $17.3 million in compensation for municipal property taxes has been paid to 56 communities around the province. Grants-in-lieu of property taxes are distributed every November as a way to reimburse municipalities for services that benefited government properties, such as municipally run sewers, roads and fire protection.
“Reimbursing Maple Ridge for services that benefit government-owned properties means that more money can be used for local programs and services that residents and businesses rely on,” Maple Ridge-Mission MLA Marc Dalton said.
The B.C. government has distributed $18,452.54 to the District of Hope in compensation for municipal property taxes.
A total of approximately $17.3 million in compensation for municipal property taxes has been paid to 56 communities around the province. Grants-in-lieu of property taxes are distributed every November as a way to reimburse municipalities for services that benefited government properties, such as municipally run sewers, roads and fire protection.
“This reimbursement will provide Hope with extra funding to invest into local programs and services that residents and businesses rely on,” Chilliwack-Hope MLA Laurie Throness said.
Grants are issued in accordance with the Municipal Aid Act and are payable on land and improvements owned by the provincial government such as courthouses, provincial government office buildings and warehouses. Grants-in-lieu provide funding to local governments that can help pay for local services.
Payments are based on the municipality’s tax rate and the assessed property values from BC Assessment.
