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Property Tax

Kelowna sees nearly 10 per cent jump in property values

KELOWNA - Homeowners in the Central Okanagan can expect some of the biggest increases in property assessments in the Okanagan region when official notices hit mailboxes this week. B.C. Assessment says the average single-family home in Kelowna went up 9.63 per cent to $567,600, with Lake Country close behind at 9.16 per cent and an...

How the City of Kelowna plans on spending your money in 2016

KELOWNA - The city will require about $120 million from property owners to cover costs in Kelowna next year. While big ticket items like police officers and recreation centres often get the headlines, the city spends millions on dozens of other initiatives in many different areas as well. Here, in no particular order, are some...

Property tax exemption? How do I get me one of those?

KELOWNA - It's hard to see what Valley First Credit Union in Rutland, the yet-to-be-built luxury Westcorp hotel near Kerry Park and the newly-rebuilt Kelowna Yacht Club might have in common. But what links them is all are either eligible or have already received a ten-year property tax holiday under Kelowna’s revitalization tax exemption bylaw,...