The City of Dawson Creek has set its 2020 tax rates – which results in the average homeowner saving $116.
City councillor Charlie Parslow wanted to know what the rates meant to the average homeowner. In 2019, the average home in Dawson Creek was valued at $253,000. This year the average sits at $241,000 in value.
“This saves the average homeowner $67 of municipal dollars and overall $116,” notes city CAO Blair Lekstrom.
Council set tax rates for residential, major industrial, business, light industrial, as well as utility and non-profit rates.
Each year after adoption of the financial plan and before May 15, city councils must by bylaw, impose property value taxes for the year by establishing tax rates for the municipal revenue.
These monies are proposed to be raised for the year from property value taxes, as provided in the financial plan, and the amounts to be collected for the year by means of rates established by the municipality.