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LAND AVERAGING

Feb 06, 2014

In 2013, the City of Vancouver initiated an independent third-party commission to review its current property tax policies, including land averaging. The findings and recommendations from this commission should be made available to the public early this year. These results will have an impact on Vancouver City Council's decision to maintain its land averaging policy or eliminate land average moving forward. DVBIA members should budget for their 2014 property taxes accordingly as either scenario may occur.  

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