Federal PILTs anchor municipal finances: Esquimalt, Metchosin, Colwood biggest beneficiaries
In 2015, federal payments in lieu of taxes in the Capital region totaled $29-million or 4.33 per cent of the total municipal revenues including surplus, according to Public Works Canada figures.
“Remember, there’s only one taxpayer,” says John Treleaven, 1st vice-president of Grumpy Taxpayer$. “These payments in lieu of taxes point to the complexity of the tax system in the region and also contribute significantly to the finances of several municipalities.”
At $11.6-million or 37.5 per cent of its revenues, the lion’s share of payments in lieu of taxes (PILT) for municipal purposes goes to Esquimalt in consideration of the naval presence at Canadian Forces Base Esquimalt.
Unknown to the general public, federal grants also form a substantial portion of the budgets of Metchosin (44.7 per cent), Colwood (17.36 per cent) and North Saanich (12.60 per cent).
Metchosin hosts the William Head Institution (Correctional Service Canada) and Rock Point DND lands. Colwood is home to Royal Roads University, the Colwood DND fuel dump and so on. North Saanich has the Victoria International Airport, the Agricultural Farm and the Pat Bay Ocean Sciences facility.
View the PILT’s of all 13 municipalities in the capital region, gross payments prior to disbursement to other local governments. READ MORE, TABLE 1 >>
The $11.6-million grant received by the municipality of Esquimalt, home of Canada’s naval base and other DND assets, is one of the largest grants in lieu of taxes in Canada, READ MORE TABLE 2 >>
Sewage board leaders to get $20,000 a month
In mid-January the CRD board of directors approved spending $20,000 a month for each of the chair and vice-chair of the sewage treatment board.Trouble was the directors made the decision without any accompanying documentation or written staff report to aid in the decision and for the public record. With this kind of board oversight, bets are now being made on whether the final bill for the sewer treatment project will be closer to $765-million or $1-billion! READ MORE>> http://crd.ca.granicus.com/MediaPlayer.php?view_id=1&clip_id=860
DEBT IN REGION CLOSER TO $527-MILLION
The debt at the CRD and the 13 municipalities is less than figured – more than $500-million, but it’s an amount set to escalate during the next few years.
Local elections need big changes, according to a task force report done for Vancouver city council. It recommends a proportional representation system, for its civic election, allowing immigrants who are not yet citizens to vote, and placing tighter controls on campaign finances….Victoria city council is considering a motion to request a 15 per cent foreign buyers tax be implemented by the CRD similar to the one implemented last year to cool down the Vancouver real estate market The motion was introduced by Couns. Ben Isitt and Jeremy Loveday.
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The Grumpy Taxpayer$ Team