Taxes / Levies

How is the Business Improvement Area managed and funded?

Moncton's BIA boundaries are as follows:

East of Vaughan Harvey; south of Park Street (Vaughan Harvey to High Street); south of Dufferin (High to Archibald); south of Austin (Robinson to Church) ; east of the railway line, north to Mountain Road, west of Botsford Street; north of St. George (adjacent non residential properties) to west of King Street; south of Harper Lane; west of Hall's Creek to the Petitcodiac River.

A corporate body (Downtown Moncton Centre-ville Inc. - DMCI) is established to manage the affairs of the BIA. The Board of Directors of DMCI is elected at its Annual General Meeting (AGM). All property owners and tenants operating within the BIA - subject to pay a levy - are eligible to vote at the AGM. They can make nominations to the Board and serve as a Board member. A budget is presented to the membership during a Fall Business Meeting, outlining the funds required to implement an annual work plan. Upon approval, the budget is brought to the City of Moncton for approval and the City then requests the Province of New Brunswick to add the levy rate to the taxes of the non-residential properties within the BIA. The Province transfers to DMCI all funds collected in the current year that the tax bill is issued. Any outstanding BIA levies or penalties as of December 31st are transferred to DMCI and it is then DMCI's responsibility to collect these arrears.

Taxes: 2009 BIA levy:

$0.16 per $100. assessment