Serious snowfall? ‘Sno problem.
Cariboo
Connector
Vol. 7 No. 13
SALES • RENTALS • SERVICE
867 Alder Ave. 100 Mile House Ph: 250-395-2550 Fax: 250-395-2513 www.performanceallterrain.com
96 Hwy 97
100 MILE REALTY INDEPENDENTLY OWNED AND OPERATED
(Beside Tim Hortons)
100 Mile House, BC
250-395-3424 1-800-663-8426 bo o
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Website: www.100milerealty.com
Mon. - Thurs.: 9am - 5:30pm Fri.: 9am - 7pm Sat.: 9am - 5:30pm Sun.: 11am - 4pm
Your Community Drugstore ®
CARIBOO MALL 250-395-2921
• free distributioN throughout the south Cariboo • JaNuarY 11, 2013
Home Owner Grant threshold rises with property values More than one million homeowners in British Columbia may be eligible to receive the entire Home Owner Grant again this year, as the B.C. Liberal government is increasing the threshold for the grant by $10,000 to $1.295 million to keep pace with rising property value assessments. BC Assessment estimates the value of all homes based on their market value on July 1 each year. The province then adjusts the threshold of the Home Owner Grant to make sure at least 95.5 per cent of eligible homeowners receive the full amount. Those with homes valued above the threshold may still be eligible for a partial grant. The Home Owner Grant provides a maximum reduction in residential property taxes on principal residences of $570 in the Capital, Greater Vancouver and Fraser Valley regional districts. The Northern and Rural Area Homeowner Benefit, one of the measures that keeps the carbon tax revenue neutral, increases the grant by $200 for homeowners living outside of those areas to provide additional property tax relief for northern and rural British Columbians. An additional grant of $275 is available to those who are aged 65 and over, permanently disabled or a veteran of certain wars. In Budget 2012, the B.C. Liberal government expanded the program to include low-income Canadian Forces veterans in the event they do not already qualify as seniors or persons with disabilities. In 2007, the Home Owner Grant program was expanded to include eligible low-income homeowners who, but for the high assessed value of their homes, would have been eligible for the full grant. The province also provides property tax deferral options for qualified individuals, including homeowners older than 55, people with disabilities, and families with children. The deferment programs are low-interest loan programs that allow qualifying residents to defer all or part of their property taxes until they sell or transfer ownership of their home, or it becomes part of an estate. Application forms are available when property tax notices are issued.
We’ll be rising from the ashes soon...
wax on, wax off
Carole Rooney photo
A little preparation goes a long way, according to 100 Mile Nordic Ski Society member Tracy Moore, who took time out to carefully apply a coat of wax to lubricate her skis before heading out on the 99 Mile Trails on Jan. 5.
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