Tax bills in the mail

The City of Fort St. John says property tax bills are in the mail.

Municipal tax rates have been kept at 2019 levels. Average home assessments dropped 2% this year, meaning most homeowners will pay less taxes this year, unless their property values increased.

Residential property owners will pay $4.86 per $1,000 of assessed value to the city. For their share of taxes for the Peace River Regional District, including the regional hospital district and other services, residents will pay a combined $1.19 per $1,000; and $0.21 for BC Transit.

Businesses will pay $13.67 to the city, $2.92 to the regional district, and $0.53 to BC Transit.

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Major industry will pay $26.97 to the city, $4.06 to the regional district, and $0.73 to BC Transit.

Light industry will pay $24.64 to the city, $4.06 to the regional district, and $0.73 to BC Transit.

Farms will pay $1.45 to the city, $1.19 to the regional district, and $0.21 to BC Transit.

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

An informal poll of Alaska Highway News readers through Facebook on May 12 found 71% of respondents said they would be in a position to pay by the July 2 deadline.

The city says it will collect $493,358 less in taxes this year than what was budgeted due to the drop in assessments and the cancelled 1.25% tax increase.

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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