By Tristan Tuckett

County Council Approves Funding Options to Address Infrastructure Deficit

Apr 21, 2016 | 4:50 PM

LETHBRIDGE – Lethbridge County has passed two bylaws and amended an existing business tax bylaw to help maintain the County’s roads and bridges.

Second and third readings of amended business tax, special tax and community aggregate payment (CAP) levy bylaws were passed.

Council approved Option 4, which phases in a tax that will collected about $3.5-million a year. In 2016, they will only collect 75 per cent of the tax required. This lowers the business tax on animal units to $3.00. The special tax applied to dryland and irrigated farmland assessment will see a tax rate of 4.4140. The revenue generated from the CAP levy will be based on rate of $0.25 per tonne.

The changes will come into effect when tax notices are mailed out in May.