Tax measures hit condo owners hardest 

New recycling fee means some tax bills could be 22 per cent higher than last year

click to enlarge NEW FEES Councillor Gord McKeever and other condo owners will now be charged a $170 recycling fee. Previously condos were exempt from the fee.
  • NEW FEES Councillor Gord McKeever and other condo owners will now be charged a $170 recycling fee. Previously condos were exempt from the fee.

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“The decrease in spending shouldn’t have real noticeable impacts on the resort business,” she maintained.

Councillor Tim Wake, however, cautioned that the money from hotel tax and general revenue flows into different pots and can only be used for certain things.

Wilhelm-Morden also raised the issue of 2010 spending.

“We need to keep in mind it’s four weeks,” she said.

“Perhaps at the end of the day we shouldn’t be so ambitious as our capital program suggests.”

But the mayor took issue with that; several factors are affecting the 2008 budget, not the least of which is the $2 million hit from the condo/hotel reclassification, the $1 million increase in labour costs and the increase to operating costs due to new facilities such as the transfer station and the composting facility.

Melamed said: “I want to suggest this is not a tax increase to pay for the Games.”

Council approved guidelines for the 2008 budget Monday. The actual budget will come forward for public comment and approval in the weeks ahead.

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