Decision
2024 Property Tax and Penalty Due Dates
Carried 8 Apr 2024The vote
What it does
Purpose, from an earlier report
To provide Council with options for the City of Nanaimo’s 2024 and future property tax penalty rates and effective dates.Staff report, page 1
Votes
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8 Apr 2024otherCarried 8–0Absent 1
That Council: 1. Keep the property tax due date as the first business day in July each year. 2. Set the first property tax penalty rate at 2%; applied after the property tax due date each year. 3. Set the second property tax penalty rate at 8%; applied after the last business day of August each year.
Documents
- Staff report, 8 Apr 2024
- Agenda item, 8 Apr 2024 2024 Property Tax and Penalty Due Dates