May 07, 2013 - 6:49 AM
Kelowna home-owners can expect a 2.74 per cent increase in municipal taxes this year. That means an extra $45.07 per year for each taxpayer based on an average home value of $455,910. Taxpayers provide 24 per cent of the city's budget which is used to pay for municipal operations, police services, building and development and waste disposal.