Residential and commercial property owners in Quesnel will see tax increase in 2019

Municipal taxes for the average single family residence will increase by $40.96

Property owners in Quesnel will see an increase in the municipal portion of their property taxes in 2019.

The average residence in Quesnel, valued at $200,544, will see an increase of $40.96 in the municipal tax position of their property tax invoice, or $20.43 per $100,000 of assessment.

The average single-family residence in Quesnel, which is assessed at $200,544 (up 7.9 per cent from $185,843 in 2018), will pay $957.35 in municipal taxes, which is broken down into $791.95 for general taxes, $15.44 for airport taxes, $27.25 for transit taxes and $122.71 for capital reinvestment taxes. General taxes increase $35.40 over 2018, while airport and transit taxes both increase $3, and capital reinvestment taxes decrease by 44 cents.

Commercial properties will see an average increase of $67.08 per $100,000 assessment.

“This year is the first year the industry freeze is over, so industry will see a lift in their actual cash value tax as opposed to what they’ve seen the last three years when it was capped at the 2015 levels,” said Mayor Bob Simpson.

Per $100,000 assessment, commercial properties in the city will pay $1,322.14 in general taxes, $25,78 in airport taxes, $45.49 in transit taxes and $204.87 in capital reinvestment taxes. General taxes are increasing by $58.02 per $100,000 assessment over 2018, while airport taxes are increasing $4.99, transit taxes are increasing $4.98, and capital reinvestment taxes are decreasing by 92 cents.

At this point, both the capital and operating budgets have been completed and approved. The City has received final assessments from BC Assessment and tax rates from the other taxing authorities, such as the Cariboo Regional District, the Municipal Finance Authority and BC Assessment.

Council gave the 2019 Tax Rate Bylaw first, second and third readings at its April 30 meeting.

READ MORE: Taxes to increase for Quesnel homeowners in 2019


Lindsay Chung
email
Like the Quesnel Cariboo Observer on Facebook

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Family bond strengthened through mask-making

A B.C. Indigenous youth is making face masks for firefighters after having made some for family

Indigenous company to launch First Nations banking app

A national release of the OneFeather APP anticipated no later than this summer

FOREST INK: Ithaka Institute in Switzerland continues with biochar research

My experience to date with biochar was mainly its use as a… Continue reading

RANCH MUSINGS: Is isolation enough already? A view from real isolation

In so many ways, we are blessed with being different from them

BC Lacrosse Association makes difficult decision to cancel minor lacrosse season

Impacted teams include both the Quesnel Thunder and the Williams Lake Bighorns

VIDEO: Injured bald eagle rescued in B.C. First Nations community

Bird suspected injured in fight, whisked off to Coquitlam rehab

Toronto Raptors’ Ujiri says conversations about racism can no longer be avoided

Thousands have protested Floyd’s death and repeated police killings of black men across the United States

B.C.’s Central Kootenay region declares state of emergency, issues evacuation orders

The evacuation alert covers all areas except the Cities of Castelgar and Nelson

‘I’m afraid’: Witnesses of wolf attack on senior near Prince Rupert worried about safety

Frank Russ shows where the unprovoked wolf attacked his father

Protesters prepare to rally against racism in front of Vancouver Art Gallery

Rally is in response to the deaths of black Americans and a Toronto woman

Protesters rally against anti-black, Indigenous racism in Toronto

Police estimated the crowd to be between 3,500 and 4,000 and said there was no violence

Feds earmark $1.5M to support recovery of B.C., Indigenous tourism

B.C. money will be split between Vancouver Island and Indigenous tourism

‘We’re sick of it’: Anger over police killings shatters U.S.

Tens of thousands marched to protest the death of George Floyd

Surrey mayor’s party under fire for ‘sickening’ tweet accusing northern B.C. RCMP of murder

Mayor Doug McCallum says tweet, Facebook post ‘sent out by unauthorized person’

Most Read