Municipal Tax Rates Bylaw No. 2974, 2026

Trail, British Columbia · adopted 2026-05-11

This is the exact embedded text of the captured official document. Snapshot 1919162e85df · verified 2026-08-23 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

THE CORPORATION OF THE CITY OF TRAIL BYLAW NO. 2974 A BYLAW TO LEVY TAXES FOR MUNICIPAL PURPOSES Municipal Tax Rates Bylaw No. 2974, 2026 Page 1 of 1 NOW THEREFORE the Council of the City of Trail, in open meeting assembled, enacts as follows: 1. This Bylaw may be cited for all purposes as the "Municipal Tax Rates Bylaw No. 2974, 2026". 2. The following rates are hereby imposed and levied for the year 2026: (a) For all lawful general purposes of the City of Trail on the value of land and improvements taxable for general municipal purposes, rates appearing in column 1 of Schedule "A" attached hereto and forming part of this Bylaw. (b) For the City of Trail debt purposes on the value of land and improvements taxable for general municipal purposes, rates appearing in column 2 of Schedule "A" attached hereto and forming part of this Bylaw. (c) For purposes of the West Kootenay-Boundary Regional Hospital District on the value of land and improvements taxable for Regional Hospital District purposes, rates appearing in column 3 of Schedule "A" attached hereto and forming part of this Bylaw. (d) For purposes of the Regional District of Kootenay Boundary on the value of land and improvements taxable for Regional Hospital District purposes, rates appearing in column 4 of Schedule "A" attached hereto and forming part of this Bylaw. (e) For all lawful general purposes of the City of Trail on the value of land or improvements on all Class One residential properties, a flat tax rate of $260 per property with taxable land or improvements for general municipal purposes. 3. Unless revised for subsequent fiscal years, the tax rate established in this Bylaw will remain in effect for subsequent fiscal years. 4. The minimum amount of taxation upon a parcel of real property will be one dollar ($1.00). ENACTMENT 5. (a) If any provision of this Bylaw is determined by a court of competent jurisdiction to be unlawful or unenforceable, that provision shall be severed from this Bylaw and shall not affect the validity of any remaining provision of this Bylaw. (b) This Bylaw shall come into full force and effect on the final adoption thereof. READ A FIRST TIME this 27th day of April, 2026 READ A SECOND TIME this 27th day of April, 2026 READ A THIRD TIME this 27th day of April, 2026 RECONSIDERED AND FINALLY ADOPTED this 11th day of May, 2026 _____________________________ ________________________________ MAYOR CORPORATE OFFICER CITY OF TRAIL SCHEDULE "A" TAX RATES BYLAW FOR THE YEAR 2026 Bylaw 2974, 2026 Column 1 2 3 4 Property Tax General General West Kootenay- Regional Class Municipal Debt Boundary Regional District of Hospital District Kootenay Boundary Class 1 - Residential 2.7317 0.1607 0.15650 2.5942 Class 2 - Utility 37.7775 2.2224 0.54780 9.0797 Class 4 - Major Industry 38.9814 2.2932 0.53210 8.8203 Class 5 - Light Industry 2.0351 0.1197 0.53210 8.8203 Class 6 - Business and Other 6.3102 0.3712 0.38340 6.3558 Class 7 - Managed Forest 8.7141 0.5126 0.46950 7.7826 Class 8 - Recreation/Non-profit 4.0976 0.2411 0.15650 2.5942 Rates are expressed as dollars of tax per $1000 of net taxable value.