A total of 114 applications has been received by Campbell River City Council for Permissive Tax Exemptions (PTE) to promote a variety of community programs.
According to the city, PTE applications were reviewed by using the new Financial Assistance Policy edibility and evaluation criteria.
A total of 88 applications were reviewed for 100 per cent exemption, 8 for 50 per cent exemption, and 18 applications weren’t recommended and weren’t included in the proposed bylaw.
The bylaw was adopted in 2024 by the city to streamline processes, improve transparency and accountability, and expand financial assistance.
Something the city says would help the community thrive.
“To ease the transition, staff engaged with organizations throughout 2024 and 2025, hosted two open houses, and brought the Thriving Non-Profits to Campbell River to help local charities and non-profits build financial resilience,” a report says.
The first and second readings have already gone through council, with a third reading scheduled for Oct. 9. Once the third reading is complete, and approved, the bylaw will be submitted to the BC Assessment office no later than Oct. 31.
The city’s Permissive Tax Exemptions support community arts, culture, recreation, social, emergency, and spiritual facilities and programs.
If approved, the value of tax exemptions granted would total $592,586.
