District of Coldstream
Financial Administration
- Property Tax
- Annual Financial Reports
- Budget and Financial Plan Bylaws
- Utilities and Sanitary Sewer Financing
- Revitalization Tax Exemption Programs
- COVID-19 Grant-In-Aid
Headed by the Director of Financial Administration, the Finance Department administers the following areas of responsibility:
- Financial Management & Financial Planning
- Cash, Portfolio, and Debt Management
- Accounting and Payroll Services
- Collection of Tax and Utility Fees
- Financial Reporting and Analysis
- Policy Development and Financial Advice
- Insurance Claims and Risk Management
Patricia (Pat) Higgins
Director of Financial Administration
phiggins@coldstream.ca
Annual Financial Reports
- Please click here to be redirected to the Annual Reports
Budget and Financial Plan Bylaws
- 2020 Financial Plan Bylaw No. 1755 for the years 2020-2024
- 2019 Financial Plan Bylaw No. 1737 for the years 2019-2023
- 2018 Financial Plan Bylaw No. 1717 for the years 2018 -2022
Revitalization Tax Exemption Programs
A Revitalization Tax Exemption (RTE) program allows the District to exempt a property from all, or a portion of, municipal property taxes. The intent of the program is to encourage development or redevelopment within a given area by providing a tax incentive for property owners who qualify. Revitalization tax exemptions are limited to municipal property value taxes and do not extend to school, hospital or other property taxes, such as parcel taxes.
Council previously identified four key commercial/industrial development areas. They are the Town Center (Central Coldstream) area, Trintec Properties, Ricardo Road Industrial area and the Lavington Industrial Park. These four identified areas are supported in the Official Community Plan (OCP) as they are designated as commercial or industrial development areas.
- District of Coldstream Tax Revitalization Bylaw No. 1614, 2012
- District of Coldstream Town Centre Tax Revitalization Bylaw No. 1615, 2012
