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Council Meeting/Documents/Letter dated March 2, 2016 from B. Reems, Senior Manager, Capital Regional District, Re: CRD Bylaw No. 4058
Correspondence

Letter dated March 2, 2016 from B. Reems, Senior Manager, Capital Regional District, Re: CRD Bylaw No. 4058

March 15, 2016Page 122 sections

Request from the CRD for the Town to consent to an amendment to increase the maximum allowable requisition for the Climate Action and Adaptation Service.

9.1.b Letter dated March 2, 2016 from B. Reems, Senior Manager, Legislative and Information Services, Capital Regional District, Re: CRD Bylaw No. 4058, Capital Regional District Climate Action and Adaptation Service Establishment Bylaw, 2008, Amendment Bylaw No. 1, 2016
March 2, 2016Brent ReemsIncrease of $0.0006/$1,000 in property value tax rateEstimated impact of $0.3205 per $530,059 average household

March 2, 2016 File 3900-03

Ms. Sarah Jones Director of Corporate Administration Town of View Royal 45 View Royal Avenue Victoria, BC V9B 1A6

Dear Ms. Jones:

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RE: CRD Bylaw No. 4058, Capital Regional District Climate Action and Adaptation Service Establishment Bylaw, 2008, Amendment Bylaw No. 1, 2016

Enclosed is a copy of CRD Bylaw No. 4058 at third reading. Please place CRD Bylaw No. 4058 on your next Council agenda with a request to give consent to the adoption of the Bylaw in accordance with Section 346 of the Local Government Act.

The purpose of the Bylaw is to amend CRD Bylaw No. 3510 (attached) to increase the maximum allowable requisition to the greater of $299,708 or an amount that could be raised by a property value tax rate of $0.0036/$1,000 net taxable value of land and improvements within the service area. At a maximum, this allowable requisition would result in an increase of $0.0006/$1,000 or $0.3205 per $530,059 average household assessed at 2016 rates. The actual impact per household depends upon the annual budget as approved by the CRD Board.

This increase would enable the Climate Action Service to continue to leverage funding to undertake regional studies, policy development, educational programing and implement projects that will advance the Board’s climate action-focused objectives.

As background, please find attached:

  • February 3, 2016 staff report to the CRD Finance Committee
  • Climate Action Program 2014 Annual Report
  • Maximum Requisition for 2015 and 2016

For questions regarding the bylaw, please contact Rajat Sharma, A/Chief Financial Officer (rsharma@crd.bc.ca, 250.360.3011).

Yours sincerely,

Brent Reems Senior Manager Legislative and Information Services

Encl. EXEC-220782437-296

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Extracted from: 2016 03 15 Council Agenda - Pdf