Union Bay Improvment District Parcel Tax backgrounder:
Had a chat with my neighbour and we discussed the difference between a parcel tax and property tax in Union Bay. So I decided to get some answers…
From the Trustee Handbook…..Improvement districts are incorporated by the Province of British Columbia (Province) under the Local Government Act (Act) and they are granted certain powers by the legislation. Each improvement district was created when the majority of landowners in a community petitioned the Province to incorporate an improvement district to deliver one or more public services on their behalf. The people with the responsibility for making decisions about the service(s) are elected by the landowners they are known collectively as the board of trustees.
Union Bay Parcel Tax covers supplying Potable Water , Fire Protection and Lights
Taxes, Tolls and Related Charges to landowners Information Sheet
UBID collects four (4) key sources of revenue comprised primarily of levies, taxes and charges. (click on link for details) Note Fees are for 2017
Land owners will be responsible for the cost of borrowing through their parcel taxes. Current parcel taxes are $345 annually.
Dependent upon final project costs (to be confirmed this spring), parcel taxes may increase between $45 to $90 annually. Final
figures will be made available once project costs have been confirmed.
Property Taxes | Comox Valley Regional District
Rural areas receive their property tax notice from the province’s Surveyor of Taxes Office at the end of May each year with the taxes due by the first business day in July. In 2019, the Comox Valley Regional District (CVRD) is providing a total of 99 separate services to residents and businesses.
Need more information contact Electoral Area A (Baynes Sound-Denman/Hornby Islands): https://www.comoxvalleyrd.ca/about/electoral-areas-member-municipalities-first-nations/electoral-area-baynes-sound-denmanhornby