Tuesday, April 1, 2014

Moose Jaw Times-Herald: Talking about the 2014 tax policy

Executive establishes higher mill rate factor for vacant commercial or industrial land

Coun. Don Mitchell, Coun. Patrick Boyle and Matt
Noble, city manager, listen as Brian Acker, director of
financial services, talks about the 2014 mill rate factors at the March 31, 2014 executive committee meeting.
Times-Herald photo by Lisa Goudy
By Lisa Goudy


Vacant commercial and industrial land will have a mill rate factor 2.5 times higher than developed property of that type.

Executive committee discussed and passed a number of mill rate factors for the 2014 tax policy. The most-talked about issue was the establishment of a new sub-class for vacant commercial and industrial land and establishing a mill rate factor for that land.

“We did a review of all the vacant property that we have in Moose Jaw. In terms of commercial, there’s a significant number of vacant properties,” said Brian Acker, director of financial services.

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