DISTRICT OF SECHELT

District of Sechelt
Minutes – Committee of the Whole Meeting Page 8 of 8
July 25, 2012
Recommendation No. 18 – Second Quarter 2012 Financial Report
Lutes/Hockley
That the report from the Chief Financial Officer dated July 20, 2012 regarding the
Statement of Operations for the first half of fiscal year 2012 be received.
CARRIED
In discussion it was noted that:
this year there was a 10% increase in property taxes being deferred. This may be
a demographic indicator or an economic indicator. The Province pays those
deferred taxes to the District and the debt goes against the title of the property;
on August 1 st , the District must remit the tax owed to other agencies ie: SCRD
and School District;
the CFO reminded Council that, while the Province charges 5% to collect taxes,
municipalities collect taxes on behalf of the Regional District, Hospitals and
School Districts without charge. She suggested this topic be addressed at the
UBCM Convention;
a second set of property tax billings will be mailed out soon. There was a 5%
penalty levied on late payments on July 4, 2012. An additional 5% is charged on
September 4, 2012. The third year taxes are delinquent, the property goes to tax
sale;
the CFO reported that the dollar value of building permits issued has increased
over last year.
ADJOURNMENT
Recommendation No. 19 - Siegers/Lutes
That the Committee of the Whole Meeting of July 25, 2012 be adjourned at 2:13 pm.
CARRIED
__________________________
John R. Henderson, Mayor
______________________________________
Gerry van der Wolf, Acting Corporate Officer
District of Sechelt
Regular Council Meeting Agenda
August 1, 2012
Page 24