The District of Squamish 2017-2021 Financial Plan results in a 5.5% increase in the amount of revenue required from property taxes in 2017 (over 2016).
To achieve the revenue required, the Residential Tax Rate has been set by the District of Squamish at 3.3924. This is a decrease of 23% (from 4.4092 in 2016) due to the increase in the assessed value of Squamish properties.
*Refers to Municipal and Library taxes only, and does not include School District, Municipal Finance Authority, Squamish Lillooet Regional District, Hospital or BC Assessment Authority.
A $770 Homeowner Grant (or greater in some specific cases) may be applied against taxes on your primary residence.
Property taxes (municipal and library) are calculated by dividing your property’s assessment by 1,000, and then multiplying it by the tax rate.
In 2016, single family homes had an average assessed value of $580,501. Property taxes would have been:
In 2017, single family homes have an average assessed value of $798,347 (an increase of 37.5%). Property taxes will be:
In this particular model, property taxes would increase $148.31 in 2017 (or 5.81%).
April 21, 2017
District of Squamish Stage 1 water restrictions go into effect Monday, May 1
The snow has melted, the flowers are blooming, and growing season is right around the corner.
April 21, 2017
Spring-cleaning Squamish: Annual Pitch-In Week returns April 22-29
Gather a group, get outside and “pitch-in” to do your part when Canada’s largest environmental improvement campaign, Pitch-In Week, gets...