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-title Kings County Implements Deed Transfer Tax for Recreation and Infrastructure

by Priya Shah – Business Editor

Kings ‌County Council Approves ⁤Deed TransferTax Amidst Debate ‍and Security Concerns

Kings County, ‌NS ​- ⁤After a heated debate Monday night, the Kings County Council voted 6-4 ‌to ⁤implement a 1.5 per ⁤cent deed ⁤transfer tax. The decision comes as the county seeks funding for a new recreation facility, including a pool, and necessary infrastructure upgrades, ‌particularly to the​ sewer system.

The vote makes Kings County ⁤the last ‍in ​Nova Scotia to ‍adopt such a tax.Supporters argue it’s a more equitable solution than broad-based tax increases. County staff advised councillors in September that a deed transfer tax was preferable to a two per cent general property tax increase ‌coupled with ​a $51 rise in sewer rates.

The tax will add⁣ $4,500 to the purchase price of a $300,000 home, impacting ‍only those‌ buying property. Councillor Emily Lutz framed the tax⁣ as “the‍ lesser of ‍all the evils,” acknowledging rising municipal⁤ expenses and⁣ the burden on homeowners.

The decision wasn’t without controversy.Several councillors admitted to ⁤campaigning‌ against ​the tax and facing backlash for reconsidering their position. councillor Bob Best, representing Waterville, Cambridge, and Coldbrook, stated he had promised residents during the campaign he would vote against the tax.

Mayor Dave Corkum,who ultimately voted in ‍favour,publicly acknowledged his own previous opposition and apologized for changing‍ his stance. ⁤”I⁢ apologize, I was ⁣wrong. I admit I ​was wrong,” he said,explaining⁤ his change of⁤ heart came after reviewing the county’s financial⁣ situation.He also revealed that councillors and their families⁢ had received⁤ threats of violence related⁤ to the ⁤vote. ‌”These councillors’‍ families have been threatened with violence. Yes,violence,” he stated,commending those who supported the tax despite the intimidation.

Councillor Everett MacPherson, chair ‌of the audit and‍ finance ⁣committee, defended councillors who shifted their⁣ positions, calling it⁤ “a sign ‌of intelligence” and ‌an ability to make informed decisions based on ‌new facts.

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