Property tax bylaw nears adoption

White Rock council has cleared one more hurdle on the road to adopting its property tax bylaw.

White Rock council has cleared one more hurdle on the road to adopting its property tax bylaw, by giving unanimous support to the city’s 2012 to 2016 Financial Plan Bylaw.

The politicians gave final reading to the bylaw during a special meeting April 23. It received first, second and third reading at council’s April 16 meeting.

The Community Charter requires that the bylaw be adopted before the property tax bylaw, which must be adopted prior to May 15.

Revisions to the city’s draft financial plan that reduced the proposed 2012 property tax increase from 4.57 per cent to 2.5 per cent, were endorsed by the finance and audit committee in March.

The matter was scheduled for council vote Monday evening, after Peace Arch News press deadline.