Kelowna homeowners facing property tax hike of around 4% | iNFOnews | Thompson-Okanagan's News Source

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Kelowna homeowners facing property tax hike of around 4%

December 12, 2019 - 2:42 PM

After reviewing budget items for most of the day, Kelowna city council has decided on a proposed property tax increase of more than four per cent for 2020.

City staff had projected a 3.9 per cent tax increase but today, Dec. 12, council bumped it up to 4.15 per cent.

The increase will help pay for four more RCMP officers over and above the seven that staff had already recommended. That’s part of the 21 “protective services” staff that will be hired next year.

Property tax increases of more than five per cent are projected for 2021 and 2022.

Next year's final tax rate won’t be set until the spring.

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