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 July 3, 2018)
  • 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 must be received before 4:30pm on July 3, 2018

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