City of Vancouver proposes 9.3% hike in fees, property tax for 2020
Mornings with Simi
English - November 27, 2019 19:33 - 13 minutes - ★★★★★ - 1 ratingBusiness News News Society & Culture Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Let’s continue the conversation now about property taxes.
The City of Vancouver is considering a 9.3% hike in taxes and fees as a part of its 2020 budget.
The figure is included in the city’s Draft 2020 Budget and Five-Year Financial Plan, set to be considered on December 3rd.
The 9.3% figure is a combination of an 8.2% property tax hike and a 9.5% utility fee hike. It also includes an 0.5% tax shift from business to residential properties.On yesterday’s program, we spoke to Vancouver City Councillor, Adriane Carr, who explained why she feels the tax increase is necessary.
Guest: Sarah Kirby-Yung
Vancouver City Councillor
Let’s continue the conversation now about property taxes.
The City of Vancouver is considering a 9.3% hike in taxes and fees as a part of its 2020 budget.
The figure is included in the city’s Draft 2020 Budget and Five-Year Financial Plan, set to be considered on December 3rd.
The 9.3% figure is a combination of an 8.2% property tax hike and a 9.5% utility fee hike. It also includes an 0.5% tax shift from business to residential properties.On yesterday’s program, we spoke to Vancouver City Councillor, Adriane Carr, who explained why she feels the tax increase is necessary.
Guest: Sarah Kirby-Yung
Vancouver City Councillor