Islands Trust Seeks Input On Draft 2013-2014 Budget
from a Trust news release:
proposed budget information is available at: http://www.islandstrust.bc.ca/news/budget.cfm
full release at: http://www.islandstrust.bc.ca/news/pdf/newsjan242013.pdf
Islands Trust Seeks Input On Draft 2013-2014 Budget
The Islands Trust is seeking public input on its draft budget for 2013-2014. The Islands Trust Council will make a final budget decision at its March 5-7, 2013 meeting on Thetis Island.
Islands Trust taxes account for between 10-20% of the total property tax bill for property owners in the Islands Trust Area, depending on other property taxes charged on each island. The Financial Planning Committee is recommending that the Islands Trust Council adopt a budget of $6.9 million for 2013-2014. This figure is comprised of an increase of $133,517 in expenditures, which would result in a 1.3% increase in Islands Trust property taxes for 2013-2014.
Last year, the owner of a property assessed at $450,000 paid about $343 in Islands Trust taxes. If approved by Trust Council, the proposed Islands Trust budget for 2013-2014 would mean a tax increase of approximately $4 for a $450,000 property.
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Budget details are available from the Islands Trust website at
http://www.islandstrust.bc.ca/news/budget.cfm
or directly from the following Islands Trust offices:
1-500 Lower Ganges Road Salt Spring Island, BC V8R 1H8 250.537.9144
700 North Road Gabriola Island, BC V0R 1X3 250.247.2063
200-1627 Fort Street Victoria, BC V8K 2N8 250.405.5151
The Islands Trust welcomes comments from the public on the proposed budget. If you want your submission to be considered as part of the Financial Planning Committee’s budget recommendation to Trust Council, your submission must be received by NOON Friday, February 8, 2013. After that, if you get your input to us by February 13, 2013 it can still be in the public Trust Council meeting agenda package and posted to the website.
Later submissions will be accepted until NOON Thursday, February 28th andbe delivered to Trust Council at its March 6, 2013 meeting on Thetis Island.
Comments can be sent to: Islands Trust Council, Attention: Treasurer at #200-1627 Fort Street, Victoria, BC V8R
1H8; by fax: 250.405.5155 or by e-mail to: budget2013 [at] islandstrust [dot] bc [dot] ca.
