Property taxes

Kelowna city council in chambers. (Photo/Gary Barnes)

Kelowna council approves 2023 carryover budget requests

Budget carryover projects do not add to the current year’s taxation demand

 

West Kelowna City Hall (Black Press file photo)

West Kelowna council considering potential 5% property tax increase

The property tax increase for 2022 was four per cent

 

The 2023 RDCO financial plan includes operating revenues and expenditures of $61.5 million, an increase of $2 million or 3.4% compared to the 2022 plan. (Black Press file photo)

Regional District Central Okanagan residents to pay 6.8% more on average in property tax

Impact on property owners depends on where they live and the value of their property

 

A budget town hall is scheduled for Jan. 31 at 7 p.m. in Lake Country Council Chambers. (Photo/District of Lake Country)

Budget deliberations begin for Lake Country council

Council is considering either a 9.95 or 14 per cent property tax increase

A budget town hall is scheduled for Jan. 31 at 7 p.m. in Lake Country Council Chambers. (Photo/District of Lake Country)
Lake Country council begins budget deliberations Jan. 26. (Black Press file photo)

Large property tax hike looms in Lake Country

Increase could be nearly 20 per cent

Lake Country council begins budget deliberations Jan. 26. (Black Press file photo)
Snow-covered houses and the downtown skyline are seen in Vancouver, B.C., Wednesday, Nov. 30, 2022.The British Columbia government is boosting the homeowner grant threshold to $2.125 million for this year as average property values increase by 12 per cent.THE CANADIAN PRESS/Darryl Dyck

B.C. government increases homeowner grant limit as home values rise by 12 per cent

Highest valued home in the province is a $74 million Vancouver waterfront compound

Snow-covered houses and the downtown skyline are seen in Vancouver, B.C., Wednesday, Nov. 30, 2022.The British Columbia government is boosting the homeowner grant threshold to $2.125 million for this year as average property values increase by 12 per cent.THE CANADIAN PRESS/Darryl Dyck
Still from Chilliwack Realtor Kevin Schroeder’s January 2022 Instagram video where he explains how BC Assessment increases in property value have no impact on property taxes. (Instagram @kevinschroederrealtor)

OPINION: B.C. Realtor’s explanation how property assessment increases do not affect taxes

Because it’s important, a 2nd look at Kevin Schroeder’s Instagram video on how property taxes work

Still from Chilliwack Realtor Kevin Schroeder’s January 2022 Instagram video where he explains how BC Assessment increases in property value have no impact on property taxes. (Instagram @kevinschroederrealtor)
Snow-covered houses and the downtown skyline are seen after a snowstorm, in Vancouver on November 30, 2022. British Columbia’s property assessment agency is warning homeowners that figures released next month will likely be higher than the current market value.THE CANADIAN PRESS/Darryl Dyck

B.C. property assessments higher, but market has changed: assessor

Homeowners warned they are about to receive assessments that won’t reflect current values

Snow-covered houses and the downtown skyline are seen after a snowstorm, in Vancouver on November 30, 2022. British Columbia’s property assessment agency is warning homeowners that figures released next month will likely be higher than the current market value.THE CANADIAN PRESS/Darryl Dyck
City council starts budget deliberations on Thursday, Dec. 8. (Black Press file photo)

City of Kelowna proposes 4 per cent property tax hike for 2023

That works out to $91.68 for the year, for the median-priced single-detached home

City council starts budget deliberations on Thursday, Dec. 8. (Black Press file photo)
St. John’s Lutheran Church in Summerland is one of three churches in Summerland deemed to have land in excess of what is needed to deliver services. (John Arendt - Summerland Review)

Summerland churches receive property tax relief

Permissive tax exemptions granted to three churches with excess lands

St. John’s Lutheran Church in Summerland is one of three churches in Summerland deemed to have land in excess of what is needed to deliver services. (John Arendt - Summerland Review)
Photo: Regional District of Central Okanagan
Photo: Regional District of Central Okanagan
Property tax notices for Kelowna residents have been mailed out, or are available online through a city property account.(File photo)

The taxman cometh: Kelowna property notices in the mail

Pay by Monday, July 4 or face a 10% late payment penalty

Property tax notices for Kelowna residents have been mailed out, or are available online through a city property account.(File photo)
Peachland council also approved the 2022 Financial Plan. (File photo)

Small hike in Peachland property taxes

2022 financial plan includes water plant upgrades, pedestrian safety improvements on Princeton Ave.

Peachland council also approved the 2022 Financial Plan. (File photo)
Kelowna City Hall. (Michael Rodriguez/Capital News)

Kelowna council considers nearly 4% property tax increase

Increase due partly to RCMP contract rates and inflationary pressures

Kelowna City Hall. (Michael Rodriguez/Capital News)
Victoria council, meeting as committee of the whole, will consider a motion on a voluntary reconciliation tax. (Black Press Media file photo)

B.C.’s capital considering voluntary Indigenous reconciliation tax for property owners

Under Victoria proposal, city taxpayers would have option to add contribution to area First Nations

Victoria council, meeting as committee of the whole, will consider a motion on a voluntary reconciliation tax. (Black Press Media file photo)
The Barclay House on Victoria Road South in Summerland is the oldest continuously inhabited home in Summerland. This year, homes across the province saw a dramatic increase in their assessment values. (John Arendt - Summerland Review)

EDITORIAL: The impact of rising assessment values

Higher housing assessment figures do not necessarily mean a corresponding tax increase

  • Jan 13, 2022
The Barclay House on Victoria Road South in Summerland is the oldest continuously inhabited home in Summerland. This year, homes across the province saw a dramatic increase in their assessment values. (John Arendt - Summerland Review)
Most property assessments in Salmon Arm for single family homes jump by more than 30 per cent. (File photo)

Most Salmon Arm properties see 2022 assessment jump more than 30 per cent

BC Assessment notes top-priced single family home in Salmon Arm is valued at 2,528,000

Most property assessments in Salmon Arm for single family homes jump by more than 30 per cent. (File photo)
This residence is known as Bison Lodge. (BC Assessment photo)

The 10 most valuable homes in Revelstoke for 2021

Revelstoke is home to 11 of the top 50 most valuable properties in the Kootenay-Columbia region

This residence is known as Bison Lodge. (BC Assessment photo)
The district of Lake Country is proposing a 4.85 per cent tax hike for 2022. (District photo)

Road maintenance drives Lake Country tax hike

4.85% proposed increase considered

The district of Lake Country is proposing a 4.85 per cent tax hike for 2022. (District photo)
This home at 2357 Cornwall Drive was sold by the city for $150,000 at auction. It was assessed at $420,000. BC Ombudsperson filed a report saying the city failed to help a vulnerable person and sold her home over not paying $10,000 property tax. (Logan Lockhart Western News)

Update: Penticton to pay $140K to vulnerable woman who lost home over unpaid taxes

Mayor offers apology to woman who lost her home to the city after not paying $10K in taxes

This home at 2357 Cornwall Drive was sold by the city for $150,000 at auction. It was assessed at $420,000. BC Ombudsperson filed a report saying the city failed to help a vulnerable person and sold her home over not paying $10,000 property tax. (Logan Lockhart Western News)
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