File photo of Lethbridge County sign outside the administration office in Lethbridge. (Lethbridge News Now)

By Justin Goulet

Lethbridge County gathering feedback on proposed tax incentive bylaw

Apr 23, 2022 | 9:00 AM

LETHBRIDGE COUNTY, AB – Lethbridge County officials are seeking the public’s feedback into a proposed commercial and industrial municipal tax incentive bylaw.

At its April 21 meeting, council received a presentation on a draft bylaw that would provide eligible businesses with a short-term exemption from paying municipal taxes.

The purpose of the incentive is to attract new development to Lethbridge County and encourage expansion of existing businesses. Before voting on the bylaw, council is asking for feedback from residents and business owners in the County.

Reeve Tory Campbell stated, “the concept of introducing short-term tax exemption incentives came from one of the goals identified in our Strategic Plan, which is Prosperity for Lethbridge County.”

“We aim to accomplish this goal through attracting, expanding, and retaining businesses. Several other municipalities in the province have implemented similar policies, giving a competitive advantage for investment in those communities.”

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Campbell continued, “recognizing that a tax incentive bylaw is a significant decision for a municipality, Council wanted to ensure the public has the opportunity to view the proposed bylaw and provide their input.”

“Feedback will be used to help guide further discussion at the Council table so we can make the best choice for the community.”

The proposed bylaw can be viewed at the County’s website.

A six-question survey is also available for the public to share their thoughts. The deadline to provide feedback is June 10, 2022.

Results will be shared with Lethbridge County Council at the July 7 council meeting.