District Council Axes Tax Reduction for Vacant Land
The district has axed the tax reduction program for vacant land in the region. The vote came yesterday, where council moved to phase out the vacant and excess land tax reduction program over the next couple of years. The reduction would drop from 30 per cent to 15 per cent by next year, and then would be gone by 2021. District staff say that 397 properties in the region took advantage of the program—their total tax reductions came out to nearly 190 thousand dollars.