A municipal tax increase is mitigated by a drop in regional district taxes. File photo

Nelson approves 2.5% tax increase

The cost is mitigated by a reduction in RDCK tax

Nelson city council has approved a 2.5 per cent property tax increase for this year, but a regional tax cut makes the actual increase 1.5 per cent.

Council passed the 2018 financial plan Tuesday, which includes an increase of 2.5 per cent in taxes for the city’s businesses and residents.

But that raise in taxes is mitigated by a 2.5 per cent cut to the city’s taxes owed to the Regional District of Central Kootenay, which means the increase for Nelson is essentially 1.5 per cent.

That happened after an agreement was reached between the city and RDCK to lower the amount of taxes made available to the Recreation Commission following completion of work on the Nelson and District Community Complex and the Civic Centre.

Councillor Valerie Warmington said the city worked to keep the increase as low as it could.

“I think this council is very cognizant of how expensive it’s become to live in Nelson,” she said. “We don’t really have high average wages here so the pressure is going to felt somewhere and it’s going to be felt on the homeowner and the taxpayer so we really don’t want to force people out of our community. We want people to stay here and to live here comfortably. We pay a lot of attention to that.”

Here’s the breakdown of the taxes in Nelson: a $40 municipal tax increase; a $14 cut in RDCK taxes; a $3 increase in hospital tax and a $21 provincial school tax.

That means the average single family dwelling, which rose in assessed value from $363,000 last year to $393,000, will pay $50 more this year than in 2017.

Initially a three per cent increase was announced, but that was reduced last month after the city received a $137,000 grant from the Columbia Basin Trust to help pay for a new emergency operations centre.



tyler.harper@nelsonstar.com

Like us on Facebook and follow us on Twitter

Just Posted

RDCK approves loan request to remediate Salmo tailings site

The H.B. Mine tailings pond poses a risk of toxic contamination

Nelson Brewing Company wins award

Hooligan Pilsner won first place at the B.C. Beer Awards

Ramona Faust re-elected to RDCK board

Faust defeated challenger Reggie Goldsbury

Leafs stretch winning streak to seven

Nelson routed Golden 7-3 on Saturday

VIDEO: John Dooley elected Nelson’s mayor

Logtenberg, Anderson, Woodward, Renwick, Morrison and Page elected to council

VIDEO: Monday Roundup!

Post-election, curling club, Salmo toxic tailings site, Castlegar airport reliability, and more

B.C. government moves to tighten resource industry regulations

New superintendent will oversee engineers, biologists, foresters

Election watchdog seeks digitally savvy specialists to zero in on threats

Move follows troublesome evidence of online Russian interference in the 2016 U.S. election

More court before Dutch man charged in Amanda Todd case is extradited here

Appeals must be dealt with in Europe, before charges faced in B.C.

Crown says man guilty of B.C. girl’s 1978 murder based on alleged confession

Jury hears details of girl’s 1978 murder while Crown says man should be convicted of girl’s murder based on alleged confession.

BCHL alumni has NHL jersey retired by Anaheim Ducks

Paul Kariya played with the Penticton Vees from 1990-1992

Most Read