Browse past new stories and articles related to "BC Assessment"

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Assessments rise doesn’t mean property tax Increase: city

Assessment notices for 2025 from BC Assessment are expected to begin arriving in mailboxes across the province in the coming weeks, including in the City…

Renter’s tax credit and homeowner grants available

Whether they rent or own, people in B.C. may be eligible for help with their housing costs in 2025. Renters may be eligible for support…

Homeowner grant provides property tax relief

The homeowner grant will continue to cover 92% of homes with the threshold set at $2.15 million for 2024, the Ministry of Finance reported. To…

Inflation leads to 5.87% tax rate increase

The City of Cranbrook will need to increase its property tax rate by about 5.87% once the 2023 budget and five-year financial plan is adopted…

Increase in assessments does not mean increase in taxes

BC Assessment recently distributed its 2023 assessment notices to communities throughout the province, including the City of Cranbrook. Reflecting a property’s market value as of…

Property assessments climb across the region

The District of Sparwood has the second highest increase in assessed value in 2022 in the region. In the next few days, owners of about…

Noticeable increases in regional property assessments

Owners of about 150,000 properties throughout the Kootenay-Columbia region can expect to receive their 2022 assessment notices, which reflect market value as of July 1,…

Wasa Recreation Contribution Service to proceed

The Regional District of East Kootenay (RDEK) has announced the preliminary results of the proposed Wasa Recreation Contribution Service Elector Assent Process. “Through the Alternative…

Income requirement waived again for farmers

For the second consecutive year, the B.C. government is waiving the income requirements normally required for existing B.C. farm operations when qualifying for farm classification….