Sunday, 10 February 2008

Senior's Tax Rebate Policy

Last term I brought a tax rebate policy for senior's on fixed incomes to council. The policy was passed by council inspite of objections raised by Councillor Ward, who cast the only dissenting vote. The policy was brought into being because a number of residents (not just seniors) were concerned that Crowsnest Pass was becoming unaffordable for senior residents on fixed incomes because of rising property values and taxes. You can view the Senior's Tax Rebate Policy here.

One of the conditions of the policy is that it be reviewed each year. Council reviewed the policy at the January committee meeting where council was reminded of the good reasons why the policy is needed and of the importance in maintaining the 2006 taxation year as the base for eligible resident's rebate. Basically the rebate states that seniors on fixed incomes taxes be frozen at 2006 rates and that they would be rebated any increases over and above that rate. At our last council meeting the motion to maintain 2006 as the base year for the policy was approved unanimously.

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