News

Province passing $1.15 million to Kamloops

The City of Kamloops is receiving a $1.15-million grant from the provincial government in lieu of property taxes.

The amount is less than the $1.2-million the city received last year.

Across B.C., 64 communities will receive $16.9 million in grants-in-lieu, which are distributed as a way to reimburse municipalities for services benefitting government properties, such as sewers, roads and fire protection.

The amounts paid are based on the assessed value of the properties and the municipality’s tax rate.

Each municipality distributes a portion of the funds to its regional district and those governments use the money to help pay for local services.

 

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

10 Alternative Horror Movies for Halloween 2014
 
Stepping into Comox history
 
Fire burns old high school library in Alberni
Gens and new coach look for win on the road
 
Lots of talk about a burning issue at Parksville city council
 
New Gens coach has high expectations
Federal-tax scam strikes Cowichan
 
Hugs stomp slugs this week
 
Penticton Heat fired up for field lacrosse playoffs