QUESNEL – The B.C. Government is providing $54,746.96 in grants-in-lieu of property taxes to the City of Quesnel.
These funds are part of approximately $18.2-million in grants being awarded to 63 communities across the province.
Grants-in-lieu are distributed annually and are payable on land owned by the provincial government, including courthouses, provincial government office buildings, and ambulance stations. Properties eligible for grants-in-lieu of property taxes are determined by the Municipal Aid Act.
“Provincial government properties benefit greatly from the services provided by local government, and in exchange we give back to the community through grants-in-lieu of property taxes,” said Coralee Oakes, MLA for Cariboo North. “This funding will help the City of Quesnel continue to provide quality services for local residents.”
This year’s compensation represents an increase of $1.3 million over last year’s payments, funds which help municipal governments and regional districts provide local services. Since 2002, the provincial government has distributed more than $208 million as grants-in-lieu to B.C. communities.