Langford expects 2.9% tax hike this year

Langford homeowners will be paying about $26 more in property taxes this year.

Call it a case of beer or a restaurant meal. Any way you frame it, Langford homeowners will be paying about $26 more in property taxes this year.

Langford is proposing a 2.9 per cent residential tax hike for 2012, which amounts to a $26 increase for the average $415,000 home. The municipal portion of an average Langford tax bill will be $932, according to a staff financial report.

That translates to about $224 in taxes per $100,000 of a property’s value. Even with the modest hike, Langford’s administration points out the City’s municipal tax rate is lowest among the Capital Region’s 13 municipalities.

“The proposed 2.9 per cent tax increase in the face of increased costs for growing infrastructure and the difficulties of the current economic environment has been a challenge,” said a finance committee financial report. “But Langford’s economic position is still strong relative to other areas.”

Langford will collect nearly $12 million in property taxes this year, about 62 per cent of the total. Langford commerical businesses had their tax rate cut slightly (as did light industry and recreational and non-profit properties), and will pay about $7 million in taxes or 37 per cent of the total.

Businesses will pay three times the property tax of residential, down from a multiple of 3.16 last year.

editor@goldstreamgazette.com

Just Posted

Greater Victoria businesses lose thousands of dollars in credit card scams

Affected businesses want to spread the word to make sure it doesn’t happen to anyone else

Four-sailing wait at BC Ferries Swartz Bay terminal

Full vessels create long waits on Friday afternoon

Tommy Chong says cannabis legalization makes him proud to be a Canadian

Legendary marijuana advocate and comedian celebrates cultural milestone at Kelowna event

Tent city campers prepare to leave Uplands Park

Vehicle access remains restricted at Cattle Point

A year in tent city: Timeline of Camp Namegans

Since September 2017, Victoria’s homeless camp has set up in more than 20 locations

WATCH: Twelve Angry Jurors puts a new spin on an old tale

Canadian College of Performing Arts opens season with reworked version of Reginald Rose teleplay

Crime Stoppers most wanted for Greater Victoria for Oct. 19

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

POLL: Do you support amalgamation for communities in the Capital Region?

Residents in Victoria and Saanich will be voting on Oct. 20 on… Continue reading

‘Mom, I’m in trouble:’ Canadian faces 10 years for alleged graffiti

Brittney Schneider, another tourist caught spraying message on walls of Tha Pae Gate in Thailand

Feds consulting on national anti-racism strategy behind closed doors

Heritage Minister Pablo Rodriguez says people still face systemic racism in some communities

Enbridge aims for mid-November to finish B.C. pipeline repair after blast

A natural gas pipeline that ruptured and burned near Prince George caused an explosion and fireball

How to get government cheques if Canada Post staff go on strike

The Canadian Union of Postal Workers said members could go on rotating strikes as early as Monday

Anti-SOGI school trustee files defamation lawsuit against BCTF president

Barry Neufeld says Glen Hansman’s words caused him “indignity,” “personal harassment,” and “anxiety”

Most Read