Lower taxes for Area A
Residents of the Regional District of East Kootenay Area A are going to notice a drop in their Regional District taxes.
At the RDEK Electoral Area A town hall meeting on Tuesday last week, Shawn Tomlin, Chief Financial Officer, went over the five-year financial plan which included the announcement of a 23 per cent drop in the regional district portion of residents’ taxes.
Mike Sosnowski, Director of Electoral Area A, said the tax reduction is a result of a new source of revenue from industry that the RDEK found, and slightly lower housing assessments.
Sosnowski emphasized that the change will only effect the regional district portion of taxes, not taxes as a whole.