City of Courtenay council defer permissive tax decision to 2027

City of Courtenay council defer permissive tax decision to 2027

A proposed update to the City of Courtenay’s Permissive Property Tax Exemption policy was deferred until early 2027. Permissive tax exemptions allow the city’s council to reduce or waive property taxes for not-for-profit organizations and other organizations, such as churches, that provide a benefit(s) to the community. The new policy would move to a four-year bylaw cycle to align with a council’s term and reduce the overall administrative time …