Council Expense Allowance

Policy No.: 2009-3
Supersedes: 2009-­01
Effective Date: April 20, 2009
Approval By Council Motion No.: 8

Purpose:
To annually consider authorization of an expense allowance in accordance with the provision of the Income Tax Act of Canada

Policy Statement:
Subject to the provisions of the Income Tax Act of Canada, the Council may annually pass the following resolution to allow for a partial exemption from Income Tax :

“For the Calendar year 2009, one­-third of the total sum paid to each Councillor as salaries or other remuneration, including all non-­accountable expense money, shall be declared an allowance for expenses to be excluded from income under the Income Tax Act of Canada.”

Council Expense Allowance Policy- Signed