The operators of 48 places of worship, non-profit groups, residential care facilities and recreational lands won’t be paying property taxes in Coquitlam next year.
This month, council waived the municipal charges for the four dozen organizations and charities as part of its permissive taxation exemption amendment bylaw.
It’s the same number of exemptions as in 2021, city managers wrote in a report: There’s one new application for Resonate Christian Church, which is leasing two units at 1067 Ridgeway Ave., while the Church of the Nazarene no longer qualifies as its facility was sold late last year (that church has since been removed from the bylaw).
The 2022 tax loss equals $1.8 million — a 1.09 per cent tax impact.
Under the city bylaw, permissive tax exemptions are to be approved by Oct. 31 of the previous year.
Council granted three readings to the bylaw on Oct. 4, and fourth and final readings on Monday (Oct. 18).
