MattersFinanceBylaw No. 1979First seen Sep 20, 2021Last discussed Oct 21, 2024
Permissive tax exemptions
AdoptedThe bylaw grants property-tax exemptions to qualifying organizations for the 2022 and 2023 tax years. These exemptions reduce the taxes those organizations pay and the city’s resulting tax revenue.
Where it stands: Amendment to the permissive tax exemption bylaw adopted Oct 21, 2024.
Location
1 mapped location across 1 matter
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Background
Earlier and later steps of the same initiative.
Sep 4, 2018 – Sep 17, 2018
2019 permissive tax exemptions
The bylaw grants property-tax exemptions to specified properties for 2019, including three new properties considered in the amendments. Those new exemptions were estimated to reduce potential City tax revenue by $12,686; the applications included the Indigenous Perspectives Society property at 664 Granderson Road.
Sep 16, 2019 – Oct 21, 2019
2020–2021 permissive tax exemptions
The bylaw provides permissive property-tax exemptions for the organizations included on the city’s 2020–2021 exemption list. These exemptions support community organizations but reduce the property-tax revenue collected from the exempt properties; the available history does not identify the recipients.
Apr 29, 2025 – May 5, 2025
Permissive property tax exemption policy
The replacement policy sets application requirements and a June 30 deadline for organizations seeking a permissive property tax exemption, and requires annual reporting on exemptions. Exemptions reduce the taxable assessment, shifting the tax burden to other taxable properties rather than reducing city revenue.
Timeline
Every time this matter appeared in council records, newest first.
Members of the public addressed council on Foundry, interim housing, and a tax exemption bylaw.
2022–2023 exemptions approved and bylaw advanced
Council approved the list of 2022-2023 permissive tax exemptions and proceeded to give Bylaw No. 1979 first, second and third readings.
Decision: Approved 2022-2023 permissive tax exemptions and gave the bylaw first, second and third readings.
Passed