Tax grant benefits local communities

The provincial government is providing $3,650 in grants-in-lieu of property taxes to Lumby, and $102,427 to Vernon.

The provincial government is providing $3,650 in grants-in-lieu of property taxes to Lumby, and $102,427 to Vernon.

These funds are included in the approximately $18.2-million in grants to 63 communities across the province.

“Vernon and Lumby will use these funds to continue providing important local services to residents,” said Eric Foster, MLA for Vernon-Monashee.

“Our municipal governments keep our cities and towns running smoothly and continue to make our communities a great place to live.”

Grants-in-lieu are distributed annually and are payable on land owned by the provincial government, including courthouses, provincial government office buildings, and ambulance stations.

Properties eligible for grants-in-lieu of property taxes are determined by the Municipal Aid Act.

 

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