Concerns with people paying bills at City Hall with a big wad of cash are prompting change in municipalities across B.C. but Kelowna香蕉视频直播檚 not fussed, just yet.
香蕉视频直播淲e have a low risk factor,香蕉视频直播� said Angie Schumacher, the City of Kelowna香蕉视频直播檚 revenue supervisor.
香蕉视频直播淥ut of the 57,000-plus property rolls, there were five occurrences of over $10,000 cash payments (for taxes), with one of those being for multiple properties.香蕉视频直播�
READ MORE: WEST KELOWNA GETS A TAX HIKE
Schumacher said city staff are aware of what other municipalities are doing and are continually reevaluating their own processes, but due to the low number of large cash payments, it香蕉视频直播檚 not been flagged as a cause for concern.
Abbotsford on the other hand is taking a more serious view of the issue. It has a slightly larger population than Kelowna, and twice the number of people paying property taxes more than $10,000.
According to the Abbotsford News, Abbotsford city staff are developing a policy to guide how such payments are dealt with in the future.
READ MORE: LAKE COUNTRY PROPOSES TAX HIKE
Cities around the Lower Mainland have been exploring the topic due to concerns that large cash payments could be linked to criminal enterprises and money laundering. The issue was highlighted in January when a Vancouver councillor expressed concern about 香蕉视频直播渂ags香蕉视频直播� of cash being used to pay property taxes.
The City of Vancouver subsequently announced in a press release it would no longer be accepting payments more than $10,000 to align with the Financial Transactions and Reports Analysis Centre reporting requirements for identifying and tracking money laundering. Last year it received 19 cash payments exceeding $10,000, for anything from taxes to fines.
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