File #: 21-458    Version: 1 Name:
Type: Staff Report Status: Passed
File created: 9/17/2021 In control: Council
On agenda: 10/4/2021 Final action: 10/4/2021
Title: 2022 Permissive Tax Exemptions
Attachments: 1. 3045 - Permissive Tax Exemptions Bylaw 2021, 2. Bylaw 3045 Appendix A, 3. Bylaw 3045 Appendix B, 4. Bylaw 3045 Appendix C, 5. Property Tax Exemptions Public Notice
REQUEST FOR DECISION

DATE: September 29, 2021 Report No. FIN-21-016
TO: Laurie Hurst, Chief Administrative Officer
FROM: Ian Irvine, Director of Financial Services
SUBJECT:

Title
2022 Permissive Tax Exemptions
End

RECOMMENDATION:

Recommendation
That Council give first, second and third readings to Tax Exemption (Non-Profit Organizations) Bylaw, 2021, No. 3045 as attached to Staff Report FIN-21-016
Body

RELEVANT POLICY:

Council Policy FIN-16 Permissive Tax Exemptions
Community Charter S.224

STRATEGIC RELEVANCE:

This decision does not directly relate to any specific strategic initiative

BACKGROUND:

Section 224 of the Community Charter gives Council the authority to grant permissive exemptions from property taxes for a period of up to 10 years. Council must adopt a bylaw and, prior to its adoption, ensure notification of the proposed exemptions is posted on the public notice board and advertised during two consecutive weeks in a publication circulating within the municipality.

On September 20, 2021, the Local Grant Committee made recommendations relating to 2022 permissive tax exemptions and these have been incorporated into the bylaw attached to this staff report. Additionally, public notice of the intent to adopt the bylaw will be published in the Victoria News. A copy of this year's public notice is attached for your information. Once adopted, the bylaw must be provided to the BC Assessment Authority in advance of its October 31, 2021 deadline.

Prior to this year, Council approved permissive tax exemptions covering multiple taxation years. The following not-for-profit organizations were granted exemptions for the 2022 and 2023 taxation years and were not required to submit an application this year:

City of Victoria
Esquimalt Anglers Association
Esquimalt Chamber of Commerce
Esquimalt Neighbourhood House Society
Habitat Acquisition Trust
Island Corridor Foundation
WITS Program (Rock Solid) Foundation
PEERS Victoria Resource Society (...

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