Thursday, November 26, 2015
Grants in lieu of taxes process nets Prince Rupert 51,000 dollars for 2015
In Prince Rupert the largest provincial presence in the city is the Court House on McBride and from that property and other smaller parcels of land that may be owned by the province, the city has received $51,065.68.
The announcement of the distribution of grants was made in a media release by the Provincial government on Wednesday. The province notes through that information statement that the payments are a form of reimbursement for municipal services such as sewers, roads and fire protection.
The annual release of the grants in lieu of taxes monies provides a good indication as to the amount of infrastructure that the province has invested in hard assets in communities across British Columbia.
To give you some idea as to the lower profile of the province on the North Coast, Prince Rupert trails in the amount of the grants received compared to other areas of the Northwest, in Terrace the amount received was more than double, at $127,786.24
While Smithers also benefited significantly more than Prince Rupert from provincial infrastructure, with the Bulkley Valley community receiving $128,764.86 from this years transfers.
On Haida Gwaii two communities received payments from the province, Queen Charlotte Municipality with $2,606.48 and Masset which received $12,076.65
You can review the full list and the province's media release here.
Posted by . at 9:08 AM