Property Tax Rates
Each year, after adoption of the financial plan, but before May 15, Council must, by bylaw, impose property value taxes for the year by establishing tax rates for:
- the municipal revenue proposed to be raised for the year from property value taxes, as provided in the City's financial plan, and
- the amounts to be collected for the year by means of rates established by the municipality to meet its taxing obligations in relation to other local government or public bodies (i.e. Regional Hospital District and Regional District).
Property value taxes are deemed to be imposed on January 1 of the year in which the Tax Rate Bylaw is adopted. Refer to 2020 Tax Rates Summary or the Tax Rates Bylaw No. 3038-2020 for all current tax rates.
School Tax Collected for Province of BC
School District No. 34 get a portion of their annual revenue from property taxes. To reduce the administrative costs of billing and collecting this tax, the City includes these levies on the tax notice we send to property owners each year.
Learn more about why you pay school taxes by visiting the Province of BC's website.
Taxes Collected for Other Government Agencies
The other government agencies, listed below, get a portion of their annual revenue from property taxes. To reduce the administrative costs of billing and collecting these other taxes, the City includes these levies on the tax notice we send to property owners each year.
City Council has no control over the levies from other government agencies. We also do not control the way the levies are distributed to properties in the City.
Solid Waste Rates
Solid Waste rates are billed annually on the Property Tax Notice. Please refer to the Consolidated Fees and Charges Bylaw No. 1532-2006, Schedule "L" - Solid Waste Management for other rates and charges.