Property taxes

Policing, specifically the cost thereof, is one of the drivers in the Central Saanich’s draft budget for 2023. It plans to increase revenue from property tax by 4.95 per cent. (Central Saanich Police/Submitted)

Central Saanich eyes tax hike as policing, labour drive up costs

Proposed budget of $38.5 million plans to raise revenue from property taxes by 4.95 per cent

 

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

 

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

 

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
Rather than asking staff to research options for a voluntary reconciliation fund similar to that of Victoria, Saanich council voted to defer discussions to the district’s next meeting with the WSANEC Leadership Council. (Black Press Media file photo)

Saanich to consult First Nations before establishing public reconciliation fund

Coun. Ned Taylor looks to get ball rolling on idea similar to City of Victoria program

Rather than asking staff to research options for a voluntary reconciliation fund similar to that of Victoria, Saanich council voted to defer discussions to the district’s next meeting with the WSANEC Leadership Council. (Black Press Media file photo)
Victoria has adopted its 2022 tax rates. (Back Press Media file photo)

City of Victoria cements 3.89 tax increase for 2022

Average residential property to pay $105 more this year

Victoria has adopted its 2022 tax rates. (Back Press Media file photo)
The City of Victoria is expected to amend its tax rates in 2022 to lessen the burden on industrial properties. (Black Press Media file photo)

Victoria’s proposed tax-rate change to benefit handful of industrial sites

City looking at 3.89-per-cent increase for every property class

The City of Victoria is expected to amend its tax rates in 2022 to lessen the burden on industrial properties. (Black Press Media file photo)
Sidney council narrowly approved a recommendation to further close the gap between commercial and residential property tax rates at Monday’s meeting. (Black Press Media file photo)

Sidney homeowners to pay more; gap between residential, commercial tax rates to shrink

Gap between commercial and residential tax rates to shrink over next decade

Sidney council narrowly approved a recommendation to further close the gap between commercial and residential property tax rates at Monday’s meeting. (Black Press Media file photo)
The Township of Esquimalt launched an online payment platform that allows residents to easily make payments and keep track of important documents all in one place. (Black Press Media file photo)

Esquimalt launches new online payment platform for residents

Program allows renewal of business, dog licences; property tax payment added soon

The Township of Esquimalt launched an online payment platform that allows residents to easily make payments and keep track of important documents all in one place. (Black Press Media file photo)
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)
Victoria council, meeting as committee of the whole, will consider a motion on a voluntary reconciliation tax. (Black Press Media file photo)

Victoria considering voluntary reconciliation tax for property owners

Motion headed to committee of the whole March 24

Victoria council, meeting as committee of the whole, will consider a motion on a voluntary reconciliation tax. (Black Press Media file photo)
Coun. Jack McClintock questioned the use of COVID-19 restart grant money to fund a new position as councillors wrapped up budget discussions in North Saanich. The municipality plans to increase the amount of revenue from property taxes by 3.95 per cent. (Black Press Media file photo)

Use of COVID-19 restart grant fund stirs opposition to North Saanich budget

Owners of typical home will pay an additional $64 in property taxes

Coun. Jack McClintock questioned the use of COVID-19 restart grant money to fund a new position as councillors wrapped up budget discussions in North Saanich. The municipality plans to increase the amount of revenue from property taxes by 3.95 per cent. (Black Press Media file photo)
Late morning view southward over the top of Victoria city hall, as seen from the top of the Fisgard Street parkade. (Don Descoteau/Black Press Media)

Business associations propose solutions to property tax squeezing small business

Taxation on redevelopment potential and unused airspace hurting small business: Downtown Victoria BA

Late morning view southward over the top of Victoria city hall, as seen from the top of the Fisgard Street parkade. (Don Descoteau/Black Press Media)
Police budget increases in Central Saanich currently account for 37 per cent of the overall proposed increase in revenue from property taxes, in the district’s draft 2022 budget. (Courtesy of Central Saanich Police Services)

Central Saanich property tax increase proposed at 4.84 per cent for 2022

Homes with district’s average assessment of $966,700 would pay an extra $104 this year

Police budget increases in Central Saanich currently account for 37 per cent of the overall proposed increase in revenue from property taxes, in the district’s draft 2022 budget. (Courtesy of Central Saanich Police Services)
Coun. Peter Wainwright said a review of the tax multiplier currently favouring residential properties is one of way with which the municipality can help businesses challenged by COVID-19. Council considered, but ultimately rejected plans to drop the review from the 2022 strategic plan following a narrow 4-3 vote. (Town of Sidney/Submitted0

Council set to review businesses’ share of tax load in Sidney

Council keeps review in strategic plan despite concerns over staff workload

Coun. Peter Wainwright said a review of the tax multiplier currently favouring residential properties is one of way with which the municipality can help businesses challenged by COVID-19. Council considered, but ultimately rejected plans to drop the review from the 2022 strategic plan following a narrow 4-3 vote. (Town of Sidney/Submitted0
View Royal Mayor David Screech finds himself annually explaining to residents that property taxes don’t increase or decrease to the same degree as property assessments. With assessments jumping 25 to 30 per cent in his municipality alone, he felt the need to post an explanation on social media. (Black Press Media file photo)

Assessments vs. property tax: Greater Victoria valuations soar, taxes may not

Average increase, municipal budget shape tax increases more than individual assessment hike

View Royal Mayor David Screech finds himself annually explaining to residents that property taxes don’t increase or decrease to the same degree as property assessments. With assessments jumping 25 to 30 per cent in his municipality alone, he felt the need to post an explanation on social media. (Black Press Media file 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)
City of Penticton is being called out for evicting and selling a vulnerable woman’s home at auction for not paying $10,000 in property taxes. (File photo)

Penticton should repay vulnerable woman after home sold to pay property tax: B.C. Ombudsperson

The City of Penticton sold the home after the woman was unable to pay $10,000 in taxes

City of Penticton is being called out for evicting and selling a vulnerable woman’s home at auction for not paying $10,000 in property taxes. (File photo)
Colwood Coun. Gordie Logan in Royal Bay, near the future site of a seniors residence and the Royal B.C. Museum’s new collections and research building. (Zoe Ducklow/News Staff)

Homeowners balk at Royal Bay property tax exemptions, Colwood councillor pushes back

‘You have to consider more than the property tax a project will generate:’ Coun. Gordie Logan

Colwood Coun. Gordie Logan in Royal Bay, near the future site of a seniors residence and the Royal B.C. Museum’s new collections and research building. (Zoe Ducklow/News Staff)
A proposal coming to Saanich council tonight (May 31) seeks support for a provincial plan that has potential to raise single-family home tax rates in the district based on climate and financial impacts compared to multi-family residences. (Black Press Media file photo)

Saanich councillor wants to tie climate impact of single-family homes to municipal tax rates

Early stages move has potential to raise tax rates for homeowners, discussion tonight (May 31)

A proposal coming to Saanich council tonight (May 31) seeks support for a provincial plan that has potential to raise single-family home tax rates in the district based on climate and financial impacts compared to multi-family residences. (Black Press Media file photo)