The Nov. 17, 2015, Priorities and Finance Committee meeting included:
- 2016 Business Tax Bylaw;
- ZBR Program Update; and
- Community Naming - Garrison Woods, Garrison Green and Currie Barracks.
2016 Business Tax Bylaw
The Priorities and Finance Committee recommended that Council give three readings to the proposed 2016 Business Tax Bylaw. The 2016 Business Tax Bylaw is being presented to Council in 2015 December to provide sufficient preparation time for the planned 2016 January mailing of the 2016 Business Assessment Notices. 2016 Business Tax Notices are scheduled to be mailed in late January or early February 2016.
The Business Tax Bylaw will be presented annually to Council for approval until the elimination of the business tax in 2019. Business Tax Consolidation has no impact on the Business Tax Bylaw. However, the impact of consolidation will be reflected in the Business Tax Rate Bylaw in the form of a declining business tax rate. This year, for example, the business tax rate will be 40 per cent lower than it would have otherwise been. The revenue lost from the business tax is made up through a higher non-residential property tax rate.
ZBR Program Update
The Priorities and Finance Committee received the Zero-Based Review (ZBR) Program Update report for information. The report provides information in response to two questions about the Zero-Based Review (ZBR) raised at the 2015 September 14 Council meeting. The first was a broad question about the ZBR program’s purpose and governance and where the zero-based reviews should report, in order to get the best result and ensure independence. The second was a technical question about the method of analysis used in ZBRs and whether the reviews do true costing. The report also identifies some further program enhancements, consistent with the program’s goals of continuous improvement.
Community Naming - Garrison Woods, Garrison Green and Currie Barracks
The Priorities and Finance recommended that Council approve Administration’s request to adopt by resolution the proposed Community Names of Garrison Woods, Garrison Green and Currie Barracks. Council directed Administration to initiate the naming of Garrison Woods, Garrison Green and Currie Barracks. The areas within the proposed Garrison Woods and Garrison Green communities have been developed. The area within the proposed Currie Barracks community is partially developed, with substantial development occurring now and in the future. This report seeks to retroactively approve the naming of these communities
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