News

Flat tax set, rest of budget moving ahead with future meetings

25 April 2024

Council continued their look at the municipal budget and set the flat tax for 2024 at their April 15, 2024 meeting.

A summary of this recent meeting is available on our website here: Council Meeting Summaries - District of Kitimat

Here are some highlights taken from the April 15 summary.

Flat tax

Council set the flat tax rate for 2024 at $723 and scheduled the Court of Revision for May 6, 2024, at 7:00pm. Homeowners will begin to receive their notices starting this week, if the name of the owner of a parcel of real property is not correct on the notice please notify the Finance department in writing at 270 City Centre, Kitimat, BC V8C 2H7 or by email at finance@kitimat.ca by Friday May 1, 2024 at 4:30pm.

Budget and tax rate

Council continued 2024 budget deliberations and set the 2024 property tax rate for consideration at 4%.

Next steps

Council approved the operating and capital budgets for developing the Five-Year Financial Plan and Tax Rates Bylaws for Council’s consideration. Council will continue the budget deliberations at a special meeting on April 29, 2024.

The Tax Rate Bylaw, Residential Flat Tax Rate Bylaw and Five-Year Financial Plan Bylaw will be brought for Council consideration of first three readings at the May 6, 2024 meeting of Council.