Affordable Housing Referendum Question: To Be Part of Municipal Election
Along with voting for politicians in October’s municipal election, a referendum question will be posed to electors.
The question will centre around the issue of affordable housing and, at the last CVRD meeting, the board decided to not to make a final decision until community members had an opportunity to voice their opinions.
Board Chair Jon Lefebure says putting a referendum question on the election ballot was, in part, a matter of convenience.
The annual property value tax is $4.58 cents for every $100,000 dollars of assessed value per home.
That tax rate would raise approximately $765,000 dollars annually.