Non-profit organizations in Lloydminster have until Sept. 30 to apply for property tax exemptions.
There are some criteria that these organizations must meet to qualify:
- Facility must be described in Section 314 of the Lloydminster Charter and meet the qualifications and conditions of the Community Organizations Property Tax -Exemption Regulation.
- Funds of the organization must be used for the purposes of the organization and not for the benefit of the organization’s directors or employees.
- The property must be able to meet specified accessibility and time-of-use requirements.
- Property must be owned or leased by a non-profit organization.
- Unrestricted more than 70% of the time.
- Charitable and benevolent purpose that benefits the public for at least 60% of the time the property is in use.
- Unrestricted access by race, culture, ethnic origin, religious belief, property ownership, unreasonable fees or other membership requirements.
- The property cannot be used in operation of a professional sports franchise.
Exemptions can only be approved for a maximum of three years, after this period a new application is required.
If a non-profit buys a property after the submission deadline they can still submit an application and it will be city council’s discretion to approve the exemption.
Applications and supporting documents can be submitted by email to taxes@lloydminster.ca.
More information is available at Lloydminster.ca/exemptions
Read more: Opinion: Taxes, taxes and more taxes
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