Proposed Kelowna property tax hike still more than 4% | iNFOnews | Thompson-Okanagan's News Source

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Kelowna News

Proposed Kelowna property tax hike still more than 4%

Kelowna City Hall
April 22, 2021 - 4:24 PM

Kelowna city council will be asked on Monday to approve a 4.04 per cent tax increase for 2021, down slightly from the 4.27 per cent set in its provisional budget last December.

That works out to a tax increase of approximately $85 for the owner of an average residential property, a City of Kelowna news release states.

The higher tax rate in December would have resulted in a $90 per month increase.

READ MORE: Property taxes in Kelowna projected to rise by over 4 per cent next year

The decrease comes despite the fact council will be asked to contribute another $100,000 to Journey Home this year, in addition to the $150,000 it has already promised.

There are a couple of other increases in spending that are offset by revenue from new construction and a FortisBC franchise fee increase.


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