A statement from the city says Surrey council has asked staff to use the money to cut the overall proposed property taxes from 17.5% to no more than 12.5%
Councillors in Surrey, B.C., plan to use newly allotted provincial funding to reduce the city’s proposed 17.5 per cent property tax increase slated for the 2023 civic budget.
A statement from the city says council has asked staff to use the money to cut the overall proposed property taxes from 17.5 per cent to no more than 12.5 per cent.Nearly 10 per cent of the original 17.5 per cent tax hike was related to the cost of Mayor Brenda Locke’s pledge to keep the Surrey RCMP detachment and scrap a transition to a municipal police force.
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Surrey might reduce property tax hike using new provincial fundingAccording to a report at a finance committee meeting, homeowners were facing a 17.5 per cent rate hike. That might change to 12.5 per cent
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