While most funding for cities and counties is raised through local taxes and fees what other revenue source makes up about a third of Moe's municipal revenues

Question

Nikhil Freeman

Social Studies

22 October, 07:53

While most funding for cities and counties is raised through local taxes and fees what other revenue source makes up about a third of Moe's municipal revenues

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Tobias Smith · Answer 1

The municipal source of revenue presented by Moe is grant-in-lieu payments, which are grants based on tax notices, not actual payment of taxes. When these grant-in-lieu payments were slashed, the province coffers were short on 3.5 million in 2018. Now the premier plans to reinstate them, since he said that a urban municipality can't be operated with a zero balance.