Monday, November 30, 2015
Kelowna - Tax hike proposed for budget; Parcel tax could kickstart Transportation For Tomorrow
District staff is recommending a proposal that would levy a $100 parcel tax in 2016 following by a series of tax increases over three years beginning in 2017, to raise the $30 million dollars necessary to deal with its 200 kilometres of roads, many of which are aging and in need of repair. The parcel tax would collect around $500,000 for the first year of the Transportation for Tomorrow Plan. Read more.