Kamloops COTW to consider Fulton Field tax exemption options

Apr 26, 2026 | 3:03 PM

KAMLOOPS — Kamloops’ Committee of the Whole (COTW) will discuss options for a proposed plan to expand the city’s Revitalization Tax Exemption to include lands around the airport on Tuesday (Apr 28).

The plan, initially proposed by Councillors Bill Sarai, Katie Neustaeter and Stephen Karpuk, aims to spur development at Fulton Field.

The city will still collect taxes from the lots, as the breaks will only apply to the increased value of improvements to developed land.

“We’re still going to be collecting taxes on the basic raw lands but its the improvements that they’ll get a break on,” said Sarai, the chair of the Kamloops Airport Authority Society, to CFJC Today.

“If somebody comes in and builds a hotel or a gas bar or a recreational facility or whatever else they think they can do, we’re going to try and spur on development.”

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New commercial and residential properties both downtown and on the North Shore of Kamloops are currently offered Revitalization Tax Exemptions. The exemption also applies for the redevelopment of existing hotel sites and the construction of new day cares or purpose-built rental housing.

The Committee will consider a few options on the length of time and the percentage of the tax exemption, such as 100 per cent for 10 or five years, or a stepped approach starting at 100 per cent in the first five years, reduced to 20 per cent in year nine, and no exemption in year 10.

by Elora McCormack

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Kamloops COTW to consider Fulton Field tax exemption options

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