Good news today from Municipal Affairs

Municipal Affairs just announced a program called Property Education Requisition Credit (PERC). The program will be giving a tax credit retroactive from 2015-19 for municipalities that had to pay the school requisition based on assessment, even though they were unable to collected taxes from some Oil & Gas companies. For the MD of Foothills, this credit could end up being up to $500k. This is very good news for all of us!