Property owners in Kelowna can expect to receive their 2023 tax notices in the mail soon.
Those registered with a city property account have already received their notices by email.
This year’s notice includes a tax increase of 3.78 per cent, which translates to an additional $7.20 a month, for the city portion on an average residential property tax bill.
READ MORE: Kelowna council approves less than 4 per cent property tax increase
Payments must be physically received by the city, or electronically processed by third-party financial institutions, by Tuesday, July 4 to avoid a legislated 10 per cent late payment penalty.
Banks and credit card companies may take up to three business days to process payments. Monday, July 3 is a statutory holiday so the city is recommending making payments early.
The city is also accepting payment by credit card and a 2.3 per cent transaction fee will be applied to payment.
READ MORE: Charge it: City of Kelowna to accept credit card payment for property taxes
Eligible property owners are responsible for applying annually for the provincial Home Owner Grant (HOG) before the July 4 deadline, as it is considered a form of payment.
More information can be found on the provincial government website.
@GaryBarnes109
gary.barnes@kelownacapnews.com
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