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Kelowna settles on 4.11 per cent property tax increase

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April 25, 2016 - 3:58 PM

KELOWNA - Property owners in Kelowna are facing an average 4.11 tax increase for 2016 and should expect increases in that range for the next five years.

The increase will raise just shy of $120 million for the 2016 city budget.

Director of finance Genelle Davidson took councillors through a recap of the 2016 budget process including a look at future tax demand.

Davidson told councillors future tax demand estimates range from four to 4.18 per cent unless council should decide otherwise.

Civic operations take up the biggest chunk of the municipal budget at 33 per cent followed by police services at 25 per cent.

Find more stories about Kelowna city council here.

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News from © InfoTel News Ltd, 2016
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