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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