It’s that time of year again.
Home owners can expect to get their property tax bill in the mail sometime this week.
Taxes will be due no later than July 2.
In February, council approved a 1.69 per cent residential tax increase for 2015, which equates to $24.02 more for the average assessed home.
To arrive at that figure, council took $200,000 out of the city’s general operating surplus in order to pare down what would have otherwise been a 2.64 per cent tax increase.
Property tax bills will not only include the city tax but also the taxes the city collects on behalf of the school district, Strathcona Regional District, the hospital, BC Assessment Authority and the Municipal Finance Authority.
“Charges on the top half of the city’s tax notice such as Net School Taxes and Net Other Government Taxes are collected by the city and passed directly on to those other agencies,” said Dennis Brodie, the city’s finance operations supervisor, in a release. “They are separate from city property taxes, even though they show up on our notice.”
Property taxes can be mailed to the city or paid in person at city hall. The city will accept post-dated cheques as well as payment by debit card.
The city cannot accept payment by credit card.
If taxes are not paid by July 2, residents will be hit with a 10 per cent penalty.
The city asks that anyone who does not receive a tax notice by June 6, that they contact the city’s finance department at 250-286-5715.
Along with the property tax bill, residents will also receive a frequently asked questions letter and an application form to be pre-authorized for the city’s withdrawal system for the pre-payment of 2016 property taxes.
Quick facts
- Every $100 the average household pays in taxes is divided between the federal ($50), provincial ($42), and municipal ($8) governments.
- The average Campbell River household, assessed at $264,000 will pay $195 per month in taxes.
