Property Tax Rates

Each year, the City sets property tax rates based on local property assessment information provided by the BC Assessment Authority. The City bases the ‘mill rate’ (the multiplier used to calculate property taxes) on the average increase or decrease in property assessment values, as well as the projected financial needs of the following year.

Property Tax Payment Methods:

Interac at City Hall
Cash in Person
Cheque in Person / By Mail (delivered to City Hall on or before the due date)
Online Payment via Financial Institution (contact your financial institution for more information) - it may take up to 1 week to process payments. Taxes must be received in City Hall by the deadline or a penalty will be assessed
Payments at banks are not accepted
All payments must be received before 4:30pm on July 2nd, 2025

2025 Property Tax Rates:

Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Supportive Housing	Heavy Industry	Old Port Tax Cap	New Port Tax Cap	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	3	4	4A	4B	5	6	8
General Levy	5.12121	53.98513	21.59405	63.94157	26.71519	21.85788	18.62392	21.59405	4.04187
Library	0.15044	1.58591	0.63437	1.87840	0.78481	0.64212	0.54711	0.63437	0.11874
Total Municipal Levy	5.27165	55.57104	22.22842	65.81997	27.50000	22.50000	19.17103	22.22842	4.16061
NC Regional District	0.13833	1.45800	0.58375	1.72774	1.72774	1.72774	0.50352	0.58375	0.10928
NW Regional Hospital	0.54029	1.89102	0.54029	1.83699	1.83699	1.83699	1.83699	1.32371	0.54029
School Tax Rate	2.04600	11.74000	0.10000	1.42000	1.42000	1.42000	3.56000	3.56000	2.13000
Municipal Finance Authority	0.00020	0.00070	0.00020	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
BC Assessment	0.03570	0.42140	0.00000	0.42710	0.42710	0.42710	0.10040	0.10090	0.03540
Rate Total	8.03217	71.08216	23.45266	71.23250	32.91253	27.91253	25.17264	27.79728	6.97578

2024 Property Tax Rates

Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Supportive Housing	Heavy Industry	Old Port Tax Cap	New Port Tax Cap	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	3	4	4A	4B	5	6	8
General Levy	4.82980	54.48671	21.79468	63.00706	26.69013	21.83738	18.24176	21.79468	3.90811
Library	0.14655	1.65332	0.66133	1.91186	0.80987	0.66262	0.55352	0.66133	0.11859
Total Municipal Levy	4.97635	56.14003	22.45601	64.91892	27.50000	22.50000	18.79528	22.45601	4.02670
NC Regional District	0.13383	1.50960	0.60357	1.74648	1.74648	1.74648	0.50588	0.60357	0.10840
NW Regional Hospital	0.50742	1.77597	0.50742	1.72523	1.72523	1.72523	1.72523	1.24318	0.50742
School Tax Rate	2.00400	12.11000	0.10000	1.36000	1.36000	1.36000	3.39000	3.39000	2.11000
Municipal Finance Authority	0.00020	0.00070	0.00020	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
BC Assessment	0.03470	0.43590	0.00000	0.43590	0.43590	0.43590	0.09630	0.09630	0.03470
Rate Total	7.65650	71.97220	23.66720	70.18723	32.76831	27.76831	24.51339	27.78956	6.78742

2023 Property Tax Rates

Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Supportive Housing	Heavy Industry	Old Port Tax Cap	New Port Tax Cap	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	3	4	4A	4B	5	6	8
General Levy	4.18708	55.77192	22.30877	60.80779	26.64672	21.80187	19.26390	22.30877	3.79778
Library	0.13408	1.78592	0.71437	1.94717	0.85328	0.69813	0.61686	0.71437	0.12161
Total Municipal Levy	4.32116	57.55784	23.02314	62.75496	27.50000	22.50000	19.88076	23.02314	3.91939
NC Regional District	0.12238	1.63010	0.65229	1.77696	1.77696	1.77696	0.56295	0.65229	0.11137
NW Regional Hospital	0.50454	1.76589	0.50454	1.71544	1.71544	1.71544	1.71544	1.23612	0.50454
School Tax Rate	1.84810	12.57000	0.10000	1.33000	1.33000	1.33000	3.33000	3.33000	1.99000
Municipal Finance Authority	0.00020	0.00070	0.00020	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
BC Assessment	0.03360	0.45500	0.00000	0.45500	0.45500	0.45500	0.09640	0.09640	0.03360
Rate Total	6.82998	73.97953	24.28017	68.03306	32.77810	27.77810	25.58625	28.33845	6.55910

2022 Property Tax Rates:

Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Heavy Industry	Old Port Tax Cap	New Port Tax Cap	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	4	4A	4B	5	6	8
General Levy	4.22534	54.27969	54.55888	26.63212	21.78992	19.39539	21.71188	3.63138
Library	0.13769	1.76885	1.77794	0.86788	0.71008	0.63205	0.70754	0.11834
Total Municipal Levy	4.36303	56.04854	56.33682	27.50000	22.50000	20.02744	22.41942	3.74972
NC Regional District	0.12892	1.65662	1.66436	1.66436	1.66436	0.59174	0.66265	0.11087
NW Regional Hospital	0.51778	1.81223	1.76045	1.76045	1.76405	1.76045	1.26856	0.51778
School Tax Rate	1.95360	12.72000	3.52000	3.52000	3.52000	3.52000	3.52000	2.03000
School Tax Credit			-2.11200	-2.11200	-2.11200
Municipal Finance Authority	0.00020	0.00070	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
BC Assessment Authority	0.03490	0.46620	0.46620	0.46620	0.46620	0.10360	0.10360	0.03490
Rate Total	6.99843	72.70429	61.63653	32.79971	27.79971	26.00393	27.97473	6.44347

2021 Property Tax Rates:

Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Major Industry	Old Port Tax Cap	New Port Tax Cap	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	4	4A	4B	5	6	8
General Levy	5.33633	52.73620	49.93872	26.65415	21.80794	20.40982	21.09448	4.21059
Library	0.16935	1.67355	1.58478	0.84585	0.69206	0.64769	0.66942	0.13362
Total Municipal Levy	5.50568	54.40975	51.52350	27.50000	22.50000	21.05751	21.76390	4.34421
School Levy	2.42720	12.86000	3.86000	3.86000	3.86000	3.86000	3.86000	2.33000
School Tax Credit	-	-	(2.31600)	(2.31600)	(2.31600)	-	-	-
Regional District	0.16398	1.62012	1.53485	1.53485	1.53485	0.62640	0.64772	0.12954
NW Regional Hospital	0.57220	2.00270	1.94548	1.94548	1.94548	1.94548	1.40189	0.57220
BC Assessment Authority	0.04110	0.47310	0.47310	0.47310	0.47310	0.11370	0.11370	0.04110
Municipal Finance Authority	0.00020	0.00070	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
Rate Total	8.71036	71.36637	57.02163	32.99813	27.99813	27.60379	27.78771	7.41725

2020 Property Tax Rates:

Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Major Industry	Old Port Tax Cap	New Port Tax Cap	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	4	4A	4B	5	6	8
General Levy	5.67626	38.72600	50.78535	26.62413	21.78338	23.18186	21.59959	4.46703
Library	0.18674	1.27400	1.67073	0.87587	0.71662	0.76263	0.71058	0.14696
Total Municipal Levy	5.86300	40.00000	52.45608	27.50000	22.50000	23.94449	22.31017	4.61399
School Levy	2.54350	13.03000	0.00010	0.00010	0.00010	1.05610	1.10700	0.78440
School Tax Credit	-	-	(0.00006)	(0.00006)	(0.00006)	-	-	-
Regional District	0.17532	1.19568	1.59911	1.59911	1.59911	0.71531	0.66797	0.13850
NW Regional Hospital	0.58619	2.05167	1.99305	1.99305	1.99305	1.99305	1.43617	0.58619
BC Assessment Authority	0.04260	0.47880	0.47880	0.47880	0.47880	0.10990	0.10990	0.04260
Municipal Finance Authority	0.00020	0.00070	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
Rate Total	9.21081	56.75685	56.49778	31.54170	26.54170	27.81955	25.63171	6.16588

2019 Property Tax Rates:

Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Major Industry	Old Port Tax Cap	New Port Tax Cap	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	4	4A	4B	5	6	8
General Levy	5.78136	38.54492	50.25470	26.49963	21.68152	23.34342	22.39939	4.46749
Library	0.21825	1.45508	1.89713	1.00037	0.81848	0.88122	0.84558	0.16865
Total Municipal Levy	5.99961	40.00000	52.15183	27.50000	22.50000	24.22464	23.24497	4.63614
School Levy	2.52590	13.20000	3.70000	3.70000	3.70000	3.70000	3.70000	2.30000
School Tax Credit	-	-	(2.22000)	(2.22000)	(2.22000)	-	-	-
Regional District	0.19511	1.30138	1.69551	1.69551	1.69551	0.78824	0.75508	0.15023
SCQ Regional Hospital	(0.01848)	(0.06468)	(0.06283)	(0.06283)	(0.06283)	(0.06283)	(0.04528)	(0.01848)
NW Regional Hospital	0.65104	2.27864	2.21354	2.21354	2.21354	2.21354	1.59505	0.65104
BC Assessment Authority	0.03890	0.48300	0.48300	0.48300	0.48300	0.10820	0.10820	0.03890
Municipal Finance Authority	0.00020	0.00070	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
Rate Total	9.39228	57.19904	57.96175	33.30992	28.30992	30.97249	29.35852	7.75803

2018 Property Tax Rates:

Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Major Industry	Old Port Tax Cap	New Port Tax Cap	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	4	4A	4B	5	6	8
General Levy	5.94324	38.38400	50.97736	26.39588	21.59663	25.84058	24.26509	4.75287
Library	0.24860	1.60600	2.13236	1.10412	0.90337	1.08090	1.01500	0.19881
Total Municipal Levy	6.19184	40.00000	53.10972	27.50000	22.50000	26.92148	25.28009	4.95168
School Levy	2.52330	13.40000	4.20000	4.20000	4.20000	4.20000	4.20000	2.50000
School Tax Credit	-	-	(2.52000)	(2.52000)	(2.52000)	-	-	-
Regional District	0.20783	1.34258	1.78318	1.78318	1.78318	0.90406	0.84795	0.16626
SCQ Regional Hospital	-	-	-	-	-	-	-	-
NW Regional Hospital	0.63518	2.22313	2.15961	2.15961	2.15961	2.15961	1.55619	0.63518
BC Assessment Authority	0.04030	0.50370	0.50370	0.50370	0.50370	0.12410	0.12410	0.04030
Municipal Finance Authority	0.00020	0.00070	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
Rate Total	9.59865	57.47011	59.23691	33.62719	28.62719	34.30995	32.00883	8.29362

2017 Property Tax Rates:

Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Major Industry	Old Port Tax Cap	New Port Tax Cap	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	4	4A	4B	5	6	8
Municipal	6.22619	38.40000	50.64941	26.40000	21.60000	26.17086	24.72823	4.78746
Library	0.25543	1.60000	2.07792	1.10000	0.90000	1.07368	1.01449	0.19641
Total Municipal Levy	6.48162	40.00000	52.72733	27.50000	22.50000	27.24454	25.74272	4.98387
Regional District	0.19586	1.20846	1.59234	1.59234	1.59234	0.82261	0.77756	0.15081
SCQ Regional Hospital	-	-	-	-	-	-	-	-
NW Regional Hospital	0.71722	2.51027	2.43855	2.43855	2.43855	2.43855	1.75719	0.71722
School Tax Rate	2.64340	13.40000	4.80000	4.80000	4.80000	4.80000	4.80000	2.70000
Municipal Finance Authority	0.00020	0.00070	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
BC Assessment Authority	0.04320	0.49810	0.49810	0.49810	0.49810	0.13930	0.13930	0.04320
Rate Total	10.08150	57.61753	62.05702	36.82969	31.82969	35.44570	33.21727	8.59530

2016 Property Tax Rates:

Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Major Industry	Major Industry Port ("Old")	Major Industry Port ("New")	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	4	4A	4B	5	6	8
General Levy	6.75310	40.00000	51.41304	27.50000	22.50000	28.29224	25.36860	5.13713
School Levy	2.92000	13.50000	5.40000	5.40000	5.40000	5.40000	5.40000	3.10000
Regional District	0.20191	1.19531	1.53654	1.53654	1.53654	0.84600	0.75918	0.15345
SCQ Regional Hospital	-	-	-	-	-	-	-	-
NW Regional Hospital	0.43924	1.53734	1.49342	1.49342	1.49342	1.49342	1.07614	0.43924
BC Assessment Authority	0.05430	0.49950	0.49950	0.49950	0.49950	0.15750	0.15750	0.05430
Municipal Finance Authority	0.00020	0.00070	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
Rate Total	10.36875	56.73285	60.34320	36.43016	31.43016	36.18986	32.76192	8.88432

2015 Property Tax Rates:

2.0% Property Tax Increase
Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Major Industry	Major Industry Port ("Old")	Major Industry Port ("New")	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	4	4A	4B	5	6	8
General Levy	7.38384	40.00000	50.18427	27.50000	22.50000	30.52733	25.80240	4.81863
School Levy	3.18200	13.60000	6.00000	5.80000	5.80000	5.80000	5.80000	3.30000
Regional District	0.23167	1.25565	1.57536	1.57536	1.57536	0.95680	0.80853	0.15059
SCQ Regional Hospital	-	-	-	-	-	-	-	-
NW Regional Hospital	0.45761	1.60164	1.55587	1.55587	1.55587	1.55587	1.12114	0.45761
BC Assessment Authority	0.05960	0.50300	0.50300	0.50300	0.50300	0.16790	0.16790	0.05960
Municipal Finance Authority	0.00020	0.00070	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
Rate Total	11.31492	56.96099	59.61920	36.93493	31.93493	39.00860	33.70047	8.78663

2014 Property Tax Rates:

1.2% Property Tax Increase
Dollar of Tax per $1000 of Taxable Value

Classification	Residential	Utility	Major Industry	Major Industry Port ("Old")	Major Industry Port ("New")	Light Industry	Business	Recreation /Non-Profit
Class No.	1	2	4	4A	4B	5	6	8
General Levy	8.42627	40.00000	47.74885	27.50000	22.50000	32.87972	27.85141	5.94204
School Levy	3.58140	13.60000	6.00000	6.00000	6.00000	6.00000	6.00000	3.40000
Regional District	0.27951	1.32767	1.58482	1.58482	1.58482	1.09009	0.92518	0.19845
SCQ Regional Hospital	-	-	-	-	-	-	-	-
NW Regional Hospital	0.55307	1.93575	1.88044	1.88044	1.88044	1.88044	1.35502	0.55307
BC Assessment Authority	0.06190	0.51150	0.51150	0.51150	0.51150	0.17550	0.17550	0.06190
Municipal Finance Authority	0.00020	0.00070	0.00070	0.00070	0.00070	0.00070	0.00050	0.00020
Rate Total	12.90235	57.37562	57.72631	37.47746	32.47746	42.02645	36.30761	10.15566

2014 Municipal Tax Rates:

Dollar of Tax per $1000 of Taxable Value

Classification	No.	Total
Residential	1	8.42627
Utility	2	40.00000
Major Industry	4	47.74885
Major Industry Port ("Old")	4A	27.50000
Major Industry Port ("New")	4B	22.50000
Light Industry	5	32.87972
Business	6	27.85141
Recreation / Non-Profit	8	5.94204