Property taxes due July 4
Property taxes notices are in the mail and due Tuesday, July 4, 2023. We offer a variety of ways for you to pay your taxes:
- Through your bank (online, by phone, or in-person)
- By mail
- At District Hall
Whichever method you choose, please make sure your payment is received on or before July 4, 2023, to avoid a penalty.
Understanding how we set tax rates
On April 3, Council adopted the 2023-2027 Financial Plan bylaw. The plan includes Council priorities and a 5.25% tax increase for the year.
High inflation, rising interest rates, continued supply chain disruptions and labour shortages put additional cost pressures on the District. The 2023 tax rates were set with careful consideration for the need to maintain existing services, invest in emerging needs, and remain fiscally responsible.
These economic challenges are not unique to the District. However, at 5.25%, the approved tax levy increase is among the lowest in the region.
Did you know the District keeps only 56% of the property taxes you pay?
Nearly 44% of the property tax bill you pay is collected on behalf of other public authorities such as Metro Vancouver, TransLink, BC Assessment, Municipal Finance Authority of BC and Provincial Government (school taxes).
How does my property assessment impact my taxes?
The average increase in 2023 home values across all residential properties in the District is 5.87%, as assessed by the BC Assessment. But remember: how much you pay in property tax is not how much your assessed value changed year-over-year. Rather, it depends on the change in your assessment value relative to the rest of residential properties in the District.