Property tax revenue is the main source of income for the district: It’s what we use to pave roads, replace pipes, build infrastructure, run programs, and pay staff to do all of the above.
People tend to dislike paying taxes, but they usually enjoy the benefits of having paid taxes. Council tries to keep taxes as low as possible, consistent with staying on top of things like infrastructure maintenance and keeping the district running. Previous councils arguably haven’t kept up with demand, which translated into this council’s 8% tax increases in 2015 and 2016 (dropping to 2% for the rest of the five-year budget).
So here’s a tax issue i’ve been wrestling with: permissive tax exemptions. That’s when council decides to exempt certain properties from the property tax that every landowner pays to the district each year, because those properties are perceived to offer a benefit to the community at large. Continue reading “Permissive tax exemption”