Notice of Proposed Tax Rate Increase

DATE: MAY 21, 2025

NOTICE IS HEREBY GIVEN THAT,

Skeetchestn Indian Band, in accordance with First Nations Tax Commission policies, and Skeetchestn Indian Band Property Taxation Law 2008, proposes to set the following annual tax rates for 2025:

PROPERTY CLASS                                                                                    RATE PER $1,000 OF ASSESSED VALUE

Class 1 – Residential                                                                                         3.49500

Class 2 – Utilities                                                                                              22.15000

Class 6 – Business and Other                                                                             9.95100

Class 9 – Farm                                                                                                  9.12279

Due to increased service costs, the Skeetchestn Indian Band is currently in a $150,000 shortfall in its annual budget for basic community services such as fire protection, garbage pickup, street lighting, as well as wildfire protection and suppression measures, a water system upgrade project, and general capital costs.  These rates will generate an additional $52,000 in revenue which will help offset this budget shortfall.

Signed,

Sukhvinder Chouhan

Chief Financial Officer Skeetchestn Indian Band