The public has until Friday, April 29 to provide feedback on a draft of Courtenay’s five-year financial plan.
If council approves a four per cent tax increase, the average commercial sector impact will increase 2.36 per cent, while an average residential property would increase 4.2 per cent. A commercial property with an average assessment value of $689,500 would see a potential increase of $183. A residential property with an average assessment value of $285,000 would yield a $55.87 increase.
To provide feedback, email info@courtenay.ca
Council has also considered input from the Citizen’s Budget Survey that was completed in January. Council needs to adopt the tax rate bylaw by May 15.
–Scott Stanfield
