Mr. Speaker, the property tax invoices are broken down into three sections. You've got the general tax, school tax, and any interest. The school tax is approximately 48 per cent of the property tax invoice for the current year, and all the interest charged is revenue for the GNWT to fund schools and other government programs. The general tax portion is approximately 52 per cent of the property tax invoice for the current year and is currently granted back to the communities through the MACA Property Tax Revenue Grant Program under the new deal once an invoice for the years of 2004 to present has been paid off.
Robert C. McLeod on Question 303-18(3): Taxation in Fort Liard
In the Legislative Assembly on May 28th, 2018. See this statement in context.
Question 303-18(3): Taxation in Fort Liard
Oral Questions
May 28th, 2018
Page 3974
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