2020 tax rates approved

Fort St. John city council approved Monday property tax rates for 2020.

Council has already cancelled its planned 1.25% rate hike this year because of Covid-19, and voted on a bylaw that holds the line on rates at 2019 levels.

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Those rates, per $1,000 of assessed value, are as follows:

  • Residential - 4.8608

  • Business - 13.6758

  • Major Industrial - 26.9739

  • Light Industrial - 24.6407

  • Recreational - 10.2451

  • Farm - 1.4582

  • Utilities - 40.0000

Tax rates for properties included in the 2017 boundary extension are as follows:

  • Residential - 4.2021

  • Business - 12.0161 

  • Major Industrial - 23.4360

  • Light Industrial - 21.0834

  • Recreational - 8.5855

  • Farm - 1.4720

  • Utilities - 33.5730

Assessments for the average single-family home in Fort St. John dropped 2% this year to $314,000. 

The city says it will collect $493,358 less in tax revenue this year than originally budgeted for due to the drop in assessments and the cancelled tax increase.

Taxes remain due on July 2, however, the 10% late penalty fee will not be applied until Oct. 1 for any unpaid taxes.

Council also approved Monday a bylaw that will give property owners the ability to choose either the July 2 deadline or the September 30 deadline to pay their taxes, and will be for the 2020 tax year only.

The province, meanwhile, has cut school tax rates by 50% for major and light industry and business properties, as well as for managed forest land, recreational properties, and non-profit organizations.

Email Managing Editor Matt Preprost at editor@ahnfsj.ca.

© Copyright Alaska Highway News

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