As the Mayor of Burlington and a member of Halton Regional Council, I am committed to a high quality of life for our seniors.
A new initiative I was proud to play a leading role in developing is the Halton Region Older Adults Property Tax Deferral Program.
The bylaw was approved by Regional Council last week. With Burlington City Council’s support of participating in the program through the adoption of its own bylaw, the program is scheduled to start July 1, 2016.
Once implemented, this program will help eligible low-income seniors remain in their homes by deferring property taxes, with the interest paid by Halton Region.
The Region will fund the interest cost through a grant to the local municipalities.
The Older Adults Property Tax Deferral Program is for those aged 65 and older who are registered owners of their property for at least four years and have a combined income less than $43,200 in 2016.
It allows eligible homeowners to defer up to 50 per cent of the current value assessment of their property. The program requires an annual renewal application. The full amount of deferred taxes owing is due either when the property is sold or when the one-year grace period after ineligibility ends, whichever comes first.
I believe this initiative has the potential to provide financial support and significantly improve cash flow for low-income seniors who qualify for the program.
More information for Burlington residents will become available this spring.
I have also recently heard from a number of residents who are experiencing challenges arranging appropriate long-term care for themselves or a loved one.
As a way to start the conversation and share information, long-term care planning is the focus of my next Inspire Burlington event, with two presentations on Friday, June 17.
Karen Henderson is our keynote speaker. She will talk about long term care planning. Carpenter Hospice will give a presentation about their work in the community. I will also speak about the Older Adults Property Tax Deferral Program. I encourage interested residents and their family members to attend.
The two Inspire Burlington events take place on the same day: June 17 from 9:30-11:30 a.m. at Tansley Woods Community Centre, 1996 Itabashi Way and June 17 from 1:30-3:30 p.m., at Burlington Seniors’ Centre, 2285 New St.
Admission is free. Light refreshments will be served.
Reserve your seat today by calling the Office of Mayor at 905-335-7607 or emailing firstname.lastname@example.org.
This column appears in the April 1, 2016 edition of the Burlington Post.