Policy 6.3.2 Special Property Tax Requisition

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DRAFT POLICY – 6.3.2 Special Property Tax Requisition Page 1 
  
Policy: 6.3.2 
Approved By: Trust Council 
Approval Date: December 10, 2004 
Amendment Date(s):  June 16, 2005; September 11, 2013; 
September 24, 2024 
Policy Holder: Director, Administrative Services 
 
SPECIAL PROPERTY TAX REQUISITIONS 
Purpose 
To permit an individual local trust committee (LTC) to request a special property tax requisition for additional 
operations that are not included within the general operations of all LTCs, or that require an enhanced level of 
service or funding beyond the capacity of the base budget. Special property tax requisitions are approved by 
the Islands Trust Council. 
A. Definitions 
Special property tax requisition – a property tax requisition levied to taxable properties within a 
specified local trust area.  
Financial Plan Bylaw – The bylaw that approves the financial plan (i.e. the budget) for any given fiscal 
year. 
B. Policy  
1. General 
1.1 The Islands Trust Act (s. 47) provides the Islands Trust Council with the necessary 
authority to implement a special property tax requisition in respect of a local trust 
area; 
1.2 A proposed special requisition related to a local trust area must be incorporated into 
the annual Islands Trust Financial Plan Bylaw and approved by the Islands Trust Council 
and the Minister; 
1.3 The Islands Trust Act (s. 10) enables the Islands Trust Council to delegate by bylaw 
additional powers to a LTC subject to any restrictions or conditions specified in the 
bylaw. 
 
2. Budget Submission 
2.1 “Additional operations” of a LTC are those programs or services that are deemed by 
the Islands Trust Council to be: 
2.1.1 programs or services not offered in all local trust areas; 

 
DRAFT POLICY – 6.3.2 Special Property Tax Requisition Page 2 
2.1.2 enhanced service levels that reflect unique demands or additional powers that 
Trust Council has delegated to a LTC by bylaw; and  
2.1.3 beyond the capacity of the base budget. 
2.2 LTCs wishing to propose and undertake a LTC program or service valued at $5,000 or 
higher must develop a business case to support the budget request to be presented 
for preliminary consideration by Trust Council in December of each year. Trust Council 
will determine if the proposed project constitutes an additional program or service 
requiring special requisition for funding under this policy.  
2.3 The proposed program or service must be within the LTC’s jurisdiction pursuant to the 
Islands Trust Act or be within powers delegated to it by Trust Council. Legal advice on 
that matter may be obtained and handled in accordance with Trust Council policies 
2.1.6 Legal Advice and 6.9.2 Legal Services Access. 
3. Evaluation Criteria 
3.1 The Islands Trust Council will evaluate and consider including a local trust committee’s 
local initiative program or service in the preliminary Islands Trust’s general budget 
based on the following criteria: 
3.1.1 the program is considered to be a base

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