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File #:
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ID-1438-19
Version:
1
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Name:
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Type:
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Notice of Motion
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Status:
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In Committee
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On agenda:
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9/9/2019
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Final action:
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Title:
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Two 5% Penalties Model
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Title
Two 5% Penalties Model
Recommended Action
Whereas some residents miss the property tax deadline for unavoidable health reasons but are still required by provincial law to pay a financial penalty for late tax payment;
Whereas most other Lower Mainland jurisdictions have moved to a “Two - 5% Penalties” model where a 5% penalty is imposed for the first 30 days after the property tax deadline, with the second 5% penalty implemented after that; and
Whereas the Township of Langley currently has a full 10% penalty effective immediately after the tax deadline which creates a financial burden on sick and elderly residents;
Therefore be it resolved that Council ask staff to bring forward a report and any necessary bylaw changes to implement the “Two 5% penalties” model in the Township of Langley to be effective for the 2020 tax year.
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