Comment 120266

By Suburbanite (anonymous) | Posted October 13, 2016 at 09:13:13 in reply to Comment 120263

Nicholas et al, are you of the opinion that we should continue to allow the Development Charge exemptions in the core even with the $1B investment of LRT? Recovering only 25% of our long term capital costs and operating costs for additional services for those residences and commercial units seems to me to be an additional burden to the existing taxpayers down the road (in light of the $1B investment). In other words, is the recovery at a point where we can charge a larger portion so that expenses related to transit, libraries, rec centres etc can be fully or partially covered by DC revenues rather than through increased property taxes?

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