Calculating Property Tax
Understanding property tax calculations
The District of Squamish 2019-2023 Financial Plan results in a 6.3% increase in the amount of revenue required from property taxes in 2019 (over 2018).
To achieve the revenue required, the Residential Tax Rate has been set by the District of Squamish at 2.9891 (down from 3.1789 in 2018).
Property Tax* Calculator
Please enter your Assessed Value: $
| Municipal taxes: | |
| Other Agencies*: | |
| Total: |
How your municipal tax breaks down:
| Land use planning, environmental planning, building inspection | |
| Bylaw and Animal Control | |
| Economic Development | |
| Transit | |
| Community Grants and Library | |
| Fire Rescue and Emergency Program | |
| Debt and Fiscal Services | |
| Roads, Maintenance and Flood Protection | |
| Capital Projects Funding | |
| General Government | |
| Recreation and Parks | |
| Policing |
*Other Agencies includes 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. For details and qualification requirements, click here.
Property taxes (municipal) are calculated by dividing your property’s assessment by 1,000, and then multiplying it by the tax rate.
Example:
In 2019, single family homes have an average assessed value of $931,497. At this assessed value, property taxes would be:
- $931,497/1000 = 931.50 x 2.9891 = $2,784.35 in property taxes (municipal only).
In 2018, single family homes had an average assessed value of $877,419. Property taxes would have been:
- $877,419/1000 = 877.42 x 3.1789 = $2,789.23 in property taxes (municipal and library only).
In this particular example, this home's property taxes would decrease $4.88 in 2019.
