Residential property tax rates

You pay the following dollar amounts in tax for every $1,000 of your property's taxable value.

Property tax rate over the past 3 years

Levy (per $1000 taxable value) 2026 2025 2024
General Purpose Tax Levy $1.93406 $1.81504 $1.73578
Provincial School Tax $0.98001 $0.89569 $0.87187
TransLink $0.35893 $0.31484 $0.27069
BC Assessment Authority $0.03814 $0.03578 $0.03475
Metro Vancouver $0.05260 $0.05672 $0.05489
Municipal Finance Authority $0.00020 $0.00020 $0.00020
Total $3.36394 $3.11827 $2.96818

Managing property tax increases

Land assessment averaging

We provide land assessment averaging to give temporary relief to property owners by phasing in tax increases over time.

Property tax rates from previous years

View historical tax rates for residential, utilities, supportive housing, major industry, light industry, business, recreational and non-profit, and farm properties (, 2 pages each):

2023 - 20222021202020192018 - 2017 - 20162015201420132012 - 2011 - 2010 - 2009 - 2008 - 2007 - 2006 - 2005 - 2004 - 2003 - 2002 - 2001 - 2000

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