Sidney to debate industrial tax rate in its 2014 budget

Local industry pushing for change, town putting off making any decisions until budget discussions begin

Sidney is putting off making any decisions about its light industrial tax rate until budget discussions begin late this year.

Following a series of meetings earlier this year with the owners of industrial companies in west Sidney who have been seeking concessions in the tax rate, Town council asked staff for its input on potential changes to their taxation policy. Director of Corporate Services Andrew Hicik advised there are two options to consider in the industrial properties request: shift the tax burden to the residential class or reduce spending and services.

Council, at their Nov. 13 audit and finance committee meeting, unanimously voted to stick with the Town’s current tax policy and make no changes to tax rates to accommodate the industrial sector.

At the Nov. 25 regular meeting, however, that decision was not upheld and the entire issue moved to budget talks.

Mayor Larry Cross said that discussion should occur during the Town’s budget process — a decision any earlier he said would tie council’s hands when trying to lay out the municipality’s finances for the next year.

Cross added at some point council will make a decision on its tax impact on both the industrial sector and its residents, saying it won’t be easy.

“It’s not playing it safe at all (putting off a decision now),” he said. “You’ll have to pay the piper eventually.”

During a recent tour of industry hosted by the Saanich Peninsula Chamber of Commerce, companies on the tour listed business taxation in the region as a top barrier to further success.

 

Just Posted

Woodwynn Farms to be shut down and sold

The rehabilitation program at Woodwynn Farms is being shut down. According to… Continue reading

False missile alert for Central Saanich councillor

While on vacation in Hawaii, Central Saanich Councillor Alicia Holman was awoken… Continue reading

Victoria airport nearing billion-dollar mark in economic impact

Airport has nearly doubled its passengers and its impact on the economy since 2005

More buoys allowed for Brentwood Bay

Proposed number rises from 40 to 60

Victoria airport reaches nearly two million passengers in 2017

This year expected to see additional growth

Sidney’s Salish Sea aquarium to close for maintenance

First extended closure for the Shaw Centre for the Salish Sea since it opened in 2009

Butchart Gardens is hiring now and paying more

Wages start at $15, job fair Feb. 20

Cash still needed for Stelly’s Cross Path

MLA Olsen wants more specifics first

Injured parachutist wants stolen backpack back

Bag contained important video files of 2017 parachuting incident

WestJet appeals lost bid to scrap harassment lawsuit

Airline argues judge was wrong to have dismissed the company’s application to strike the legal action

Can U.S. border guards search your phone? Yes, and here’s how

Secretary of homeland security explains a new policy that let’s border guards check phones

‘Beautiful writer’ Nancy Richler dies of cancer in Vancouver hospital

Montreal-born author spent most of her adult life in B.C. as a fiction writer and novelist

Students frustrated by UBCO response to harassment allegations

Students on the Kelowna campus were unaware of resources and worried about lack of communication

Opinion: Dare to be smarter

Just say no works for more than just substance abuse

Most Read