Property taxes are the main source of revenue the Town uses to be able to provide the many services that are provided to the public. Taxes to be collected are determined in the 5-Year Financial Plan. Tax rates are determined by the property value assessed and guidelines in the Tax and Revenue Policy contained in the Financial Plan.
How is Your Property Value Assessed?
The BC Assessment Authority is a provincial Crown corporation that determines the market value of all real properties in British Columbia. To find out more about how this process works, go to their website.
The assessed value determines what the taxation will be for a property. If you disagree with your assessed value, you have a limited time to appeal to the BC Assessment Authority. Details on how to appeal are included on your assessment notice.
Tax Payment Information:
Property taxes are due by 4:30 p.m. on the first working day in July, after the July 1st holiday. Payment can be made by mail, in person at Town Hall, or through most financial institutions by phone or the Internet. If taxes are paid through your mortgage or financial institution, the Home Owner Grant claim must still be completed and returned to Town Hall, or applied for on-line (see below).
Cheques post-dated to the due date will be accepted at Town Hall. Your cancelled cheque is your receipt. Please note that postmarks on mailed remittances will not be considered as date of payment.
To pay your account by telephone or Internet banking, you must have previously signed up with your financial institution. To access your account, please use the ROLL NUMBER and the ACCESS CODE noted on the top right-hand corner of your Property Tax Notice.
CLICK HERE to access your on-line property assessment information and payment listings.
Home Owner Grant Information:
If the property is your principal residence, you may qualify for the Home Owner Grant, which reduces the amount of property tax that you pay. If eligible, be sure to fill out the application form on the remittance portion of your tax notice and submit to the Town Office, or CLICK HERE to apply for the Home Owner Grant on-line. The Home Owner Grant application must be filled out each year and submitted to the Town Office, or be applied for on-line, in order to receive the grant.
To pay your account by telephone or Internet banking, you must have previously signed up with your financial institution. To access your account, please use the ROLL NUMBER and the ACCESS CODE noted on the top right-hand corner of your 2009 Property Tax Notice.
Unclaimed Home Owner Grants and balances owing after the due date are subject to a 10% penalty, which is added to current taxes unpaid.
More information on the Home Owner Grant, including eligibility criteria, can be found at the Ministry of Small Business and Revenue website.