Vancouver Council puts 2% of city businesses’ property taxes onto homeowners
City Council approved the measure Monday night.
Vancouver homeowners will see a 1% increase in property taxes as of May 1st, with the remaining 1% of small business taxes transferred over three years.
The vote passed 6-5, with the NPA’s Sarah Kirby-Yung emphasizing in a tweet this morning the measure barely succeeded. Meanwhile, councilors Hardwick, Swanson, Boyle, and De Genova voted with Mayor Kennedy Stewart voted against the shift.
(Twitter / @sarahkirby_yung)