Friday, November 12, 2021

Province releases details of annual Grants in lieu of taxes program for Northwest



The details of the annual roll out of grant funding by the Provincial Government delivered in lieu of property taxes in municipalities of the region have been revealed and that will mean $41,416 for the City of Prince Rupert financial accounts.

The footprint of the provincial government has been significantly reduced over the last two decades and is limited in Prince Rupert to mostly the Court House and a few office locations the extent of their presence in the community, 

As the province has most of their facilities located in Terrace and Smithers, those two communities gained the largest share of the provincial funding for the Northwest. 

The City of Terrace leading the pair and set to receive $172,226 dollars, while Smithers will realize $136,913 in funding in lieu of taxes.

Other Northwest communities noted in the information release include:

Hazelton $21,957
Masset $12,527
Burns Lake $8,809
Queen Charlotte $5,434
Stewart $2,942

The funding, which is in lieu of taxation in the host communities, is released each November by the Provincial Government, with Lisa Beare, Minister of Citizens' Services noting of how the funding helps communities continue to navigate pandemic times.

“Through our annual grants-in-lieu program, we’re reimbursing municipalities for the important services they provide to provincial properties so they can fund the services and projects that meet the needs of their communities. The funding makes a big difference in communities throughout B.C., particularly now, as local governments and the people they serve navigate the economic impacts of the pandemic.”


The full information release can be reviewed here.

More notes related to Prince Rupert City Hall can be explored here.

 

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