News

Municipal tax rate status quo

 | June 14, 2012

The Sun Peaks municipal tax rate will remain the same for 2012 as 2011 as per Tax Rates Bylaw No. 0027, 2012.

Byron Johnson, chief administrative officer (CAO) for the municipality, is quick to explain however that doesn’t mean everyone’s individual property taxes will stay the same nor go down.

“If your assessments stayed the same or didn’t go down at all, you’re going to pay a bit more tax,” Johnson explains. “If your assessments went down more than eight per cent (the average decrease in assessments) you’ll pay a little less tax.”

The average Sun Peaks homeowner will see a tax decrease by approximately three per cent.

The tax due date is July 3, 2012. A 10 per cent penalty is levied on taxes unpaid at that date.

For more information from the Sun Peaks Mountain Resort Municipality visit sunpeaksmunicipality.ca.

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