In 2012, Kelowna had the fourth-lowest property tax and user fee charges among B.C. cities with populations greater than 75,000. Last year's rate increase was 1.1 per cent and the average tax increase in Kelowna over the last three years is 1.7 per cent.
Last year's total municipal tax and user fees (before the Home Owner Grant) for an average Kelowna house was $3,653 - 29 per cent below the average of the 17 largest cities in B.C.
Taxes collected from property owners accounted for less than a quarter of the City's $419 million in revenues for 2012. User fees, charges, reserve accounts and grants brought in 76 per cent of revenues.
More background and information about the budget process is available at kelowna.ca/budget.
-Frrom the City of Kelowna Webpage-