The list released through the City of Prince Rupert website today, notes of 15 Places of Worship and 32 other properties available for review of Council in the weeks ahead.
Most of those other properties are either related to Education, Housing, Cultural or Recreational activities, but a few include facilities such as the Municipal Boat Launch listed under Jim Pattison Limited, or the Public Works Facility listed under a numbered corporation.
The estimated amount of taxation revenue that the City will forgo from the exemptions is noted as $434,546,12.
The largest of the Property Tax Exemptions is listed as that for the Prince Rupert Performing Arts Society which is set at $140,740.45
The full list is available for review here, included in the release is information for those that may have questions related to the Exemption list.
As we outlined in our notes related to the updated policy from Monday's Council session, Council members are required to adopt the list by October 31st.
More note related to civic financial themes can be reviewed here.
Cross posted from the North Coast Review.
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