The City of Port Coquitlam C 0) J N C IL

MEMORANDUM JAN 2.5 1993

TO: B. Kirk DATE: January 15, 1993
City Administrator

FROM: J. Maitland, City Treasurer -
Deputy Administrator

SUBSECT: Paying of Property Taxes at Banks
F 1 G Committee Meeting - Decernber 22, 1992

RECOMMENDATION:

That the City not permit banks to accept tax payments.

BACKGROUND & COMMENTS:

Some months ago, we received a request from Councilior Talbot that we investigate the
possibility of allowing taxpayers to pay their taxes at banks. You may also have noticed
that in our 1993 budget document I had outlined this as one of the goals of the Finance
Department for 1993.

We subsequently investigated how other municipalities handled payments (survey copy
attached). The results of the survey showed the following:

Municipalities which permit payment at financial institutions:
Port Moody Mission
Richmond Vancouver
Surrey Nanaimo
Coquitlam Langley City
Langley Township Kelowna
Municipalities which permit payment at some financial institutions:

Maple Ridge Saanick
Chilliwack White Rock

Municipalities which do not permit payment at financial institutions:
West Vancouver Prince Rupert
Vernon North Van City
North Van District Oak Bay
Port Alberni Victoria
Port Coquitlam
Advantages to having banks accept payments:

customer convenience

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