Property Taxes and Utilities

It is important to us that residents receive good value for their tax dollar.

Property taxes and utilities are the main source of funding for the District of Squamish. Under the Community Charter, municipalities may recover part or all of the cost of providing services by levying taxes against properties. District staff and Council work hard to maintain core services while supporting other important projects and service improvements the community wants and needs.

What's new in 2024

The speculation and vacancy tax is an annual tax based on how owners use residential properties in areas in B.C. affected most by the current housing shortage crisis.

Visit the Province of BC Speculation and Vacancy Tax site for more information and to submit your declaration.

MyCity allows you to view your property tax and utility account information and sign up to receive information electronically. Visit the Online Services page for details and to register.


Property Taxes

Key 2024 budget amounts

The budget comprises of the General Operating Fund, a Capital Plan, three Utilities (Water, Waste Water and Solid Waste), and Reserve contributions.

  • Property taxes fund approximately 30% of the budget this year.
  • The revenue required to raise from property taxes is $42.3M.
  • This property tax revenue requirement is 12% higher than 2023.

The impact to each taxpayer varies. The impact to you depends on how much your property assessment changed in relation to other properties and property classes in your neighbourhood.

Learn more about the 2024-2028 Financial Plan.

View the "Where Your Taxes Go" budget summary property tax insert.

2024 Property Taxes and Utilities are due July 2, 2024.  

Property owners are responsible for payment of property taxes regardless of whether or not a notice is received. If you have not received a notice, please contact us.

New owners should ensure taxes are paid on their property. If there is any doubt, please contact us.

Financial Services: 604-815-5035 or 604-815-5010.

 

Penalty & Interest

A 5% penalty will be added to any amount outstanding after July 2, 2024, including any unclaimed Home Owner Grant. A second 5% penalty will be applied after July 31, 2024.

Daily Interest Rates are set by the province each quarter and applied directly to your outstanding arrears and delinquent property tax amounts.

 

Four Ways to Pay

  1. Online or telephone banking

    Payee: District of Squamish Property Tax (Search Squamish)
    Account#: 13 digit folio number (no dashes) on the front of your notice.

    TIP: Some financial institutions hold payments before sending them to us or are in different time zones. Avoid the risk of penalty by paying 2 to 3 business days before the due date.


  2. Mail  - Cheque only (no post-dated cheques please). Make cheque payable to District of Squamish. Mail early enough to be received before the deadline. Postmarks will not be accepted as date of payment.

    Mail to: District of Squamish | PO Box 310, Squamish, BC V8B 0A3


  3. Drop box -Deposit a cheque in the yellow drop box at the Municipal Hall front entrance. Do not put cash in the drop box. No post-dated cheques.


  4. In-person - Municipal Hall, 37955 Second Avenue. Monday to Friday: 8:30 am to 4:30 pm. Closed statutory holidays.

    TIP: Check your daily debit spending limit. You may need to request a temporary increase from your bank.



 

The Province of BC manages the Home Owner Grant, Tax Deferment, and Speculation and Vacancy Tax programs.

Home Owner Grant

The Home Owner Grant reduces the amount of property tax you pay for your principal residence. 

  • To avoid penalties and interest, apply before the tax due date.
  • Municipalities cannot accept applications.

Learn more and apply for the grant on the Province of BC's Home Owner Grant website or phone 1-888-355-2700.

 

Tax Deferment

A home owner 55 years or over, a widow/widower, persons with disabilities as defined in the Disability Benefits Program Act, or families with children under 18 years of age may be able to defer their taxes on their principal residence through a program whereby the provincial government makes payment on their behalf.  

Learn more and apply for the deferment the Province of BC's Property Tax Deferment program site or phone 1-888-355-2700 or 250-387-0555.

 

Speculation and Vacancy Tax

The speculation and vacancy tax is an annual tax based on how owners use residential properties in areas in B.C. affected most by the current housing shortage crisis.

Learn more and submit your declaration on the Province of BC's Speculation and Vacancy Tax site.

2024 Tax Rates

Classification Municipal SLRD Regional Hospital Municipal Finance Authority BC Assessment Authority School TOTAL
01 Residential 2.3108 0.1552 0.0292 0.0002 0.0347 0.9224 3.4525
02 Utilities 40.0000 0.5432 0.1022 0.0007 0.4359 12.1100 53.192
04 Major Industry (Port) 27.5000 0.5277 0.0993 0.0007 0.4359 1.3600 29.9236
04 Major Industry (Port Improvement) 22.5000 0.5277 0.0993 0.0007 0.4359 1.3600 24.9236
04 Major Industry 125.000 0.5277 0.0993 0.0007 0.4359 1.3600 127.4236
05 Light Industry 8.8273 0.5277 0.0993 0.0007 0.0963 3.3900 12.9413
06 Business & Other 5.7770 0.3802 0.0715 0.0005 0.0963 3.3900 9.7155
07 Forests-Managed 5.7770 0.4656 0.0876 0.0006 0.2268 1.8700 8.4276
08 Recreation & Non Profit 2.3108 0.1552 0.0292 0.0002 0.0347 2.1100 4.6401
09 Farm 2.3108 0.1552 0.0292 0.0002 0.0347 7.1500 9.6801

Understanding property tax calculations

Municipal property taxes are calculated by dividing your property’s assessment by 1,000, and then multiplying it by the tax rate. 

Example: In 2023, single family homes had an average assessed value of $1,500,600. 2024 property taxes are:

$1,500,600/1000 = 1,500.6 x 2.3108 = $3,467.59 in property taxes (municipal and library only).


Utilities

Utility fees include sewer, water and solid waste collection (garbage, organics and recycling curbside pickup). If you are in a strata complex that provides solid waste collection, this fee is part of your strata fee, and is not included on your utilities.

Utilities are invoiced separately from property taxes. Look for both notices in your mailbox in May. Please do not combine property tax and utility payments.

Solid Waste Utility fees are based on the garbage tote size you choose. There is no additional cost for recycling and organics collection – these costs are included in the Solid Waste Utility fee regardless of which size garbage tote you choose.

2024 Utility Fees

Utility 2024 fee Change from 2023
Water $500 (residential unit) $10 (+ 2%)
Sewer $635 $20 (+ 3.3%)
Solid waste Small (25 gallons) = $220
Medium (65 gallons) = $405
Large = $640  
Small: $10 
Medium: $30 
Large $30

Related bylaws:

 

Garbage tote size exchanges

Tote change requests are accepted from January to October 31 each year. Totes are exchanged in the spring of the following year. Please visit the garbage tote selection page.

 

The deadline to pay without penalty is July 2, 2024.

Property owners are responsible for payment of utilities regardless of whether or not a notice is received. If you have not received a notice, please contact us.

New owners should ensure utilities are paid on their property. If there is any doubt, please contact us.

Financial Services: 604-815-5035 or 604-815-5010.

 

Penalty & Interest

A 5% penalty will be added to any amount outstanding after July 2, 2024. A second 5% penalty will be applied after July 31, 2024.

 

Four Ways to Pay

  1. Online or telephone banking

    Payee: District of Squamish Utility (Search Squamish)
    Account#: 7-digit Utility account number as shown on the front of your notice.

    TIP: Some financial institutions hold payments before sending them to us or are in different time zones. Avoid the risk of penalty by paying 2 to 3 business days before the due date.


  2. Mail  - Cheque only (no post-dated cheques please). Make cheque payable to District of Squamish. Mail early enough to be received before the deadline. Postmarks will not be accepted as date of payment.

    Mail to: District of Squamish | PO Box 310, Squamish, BC V8B 0A3


  3. Drop box -Deposit a cheque in the yellow drop box at the Municipal Hall front entrance. Do not put cash in the drop box. No post-dated cheques.


  4. In-person - Municipal Hall, 37955 Second Avenue. Monday to Friday: 8:30 am to 4:30 pm. Closed statutory holidays.

    TIP: Check your daily debit spending limit. You may need to request a temporary increase from your bank.


Contact us

If you have questions about your property taxes or utilities, please contact Financial Services:

Municipal Hall - 37955 Second Avenue.
Open Monday to Friday: 8:30 am to 4:30 pm. Closed on statutory holidays.


Frequently Asked Questions

Your mortgage company/bank can pay your property taxes but cannot pay utility fees.

In order to avoid incurring a penalty, discuss your payment arrangement with your bank and ensure that you pay the utilities portion yourself.

No. Penalties are mandated by Provincial legislation and are not discretionary.

From the legislation:

If all or part of the property taxes referred to in section 234 (1) [taxes collected under general tax collection scheme] of the Community Charter for a parcel of land and its improvements on the assessment roll remain unpaid after the due date of the year those taxes are levied,

(a) the collector must add to the unpaid property taxes for the parcel and improvements for the current year a penalty equal to 10% of the portion that remains unpaid.

No, property taxes cannot be appealed.

Property assessments can be appealed through the BC Assessment office within 30 days of receiving the notice.

Property taxes are levied against the property and not the individual owner. They remain with the property through change of ownership. 

Arrangements for property tax payments are typically made by the parties involved, usually through a lawyer or notary public.