Property Taxes and Utilities
Property taxes are calculated based on the assessed value of your property (information coming from BC Assessment). Tax rates are set every year by the City Council in terms of general municipal taxes, sewer parcel and Business Improvement Areas Bylaw. Provincial legislation requires the City to collect taxes for services provided by other taxing authorities, such as the Province of BC, Translink, Metro Vancouver, BC Assessment Authority & Municipal Finance Authority. The City collects property taxes from residents and commercial/industrial companies in order to have revenue to provide City services each year.
DUE DATE & PENALTIES
The due date for this year’s property taxes is July 2, 2021. A 5% penalty will be charged to current taxes remaining (including unclaimed Home Owner Grant) after July 2, 2021. A second penalty of 5% penalty will be applied to any unpaid balance after September 1, 2021.These penalties are a requirement of the Community Charter. The City has no authority to either waive or modify these penalty amounts. A payment that is one day late is subject to the full amount of the penalty.
If you have not received your property tax notice, please contact the Property Tax Department at City Hall at 604-527-4550. It is the responsibility of the property owner to pay property taxes, by the due date in order to avoid penalty, whether or not a bill is received. New owners who have not received a property tax notice are advised to contact the Property Tax Department.
Property tax notices and reminder notices
Property tax notice - sent end of May - due date July 2, 2021
1st reminder notice - sent late July - due date September 1, 2021
2nd reminder notice - sent late October - due date December 31, 2021