Property Tax Rates

Property tax rates are set by:

• A general levy from the City
• Levies from other taxing authorities

City of Penticton Property Taxation Distribution Policy

The general levy is:

• Based on a rate that applies to each $1,000 of net taxable value by property class.
• Set for every taxable parcel of land, as defined on the BC Assessment roll, in a general-purpose taxes rating bylaw.
• At the April 17, 2018, Regular Council Meeting, the City of Penticton Property Taxation Distribution Policy was approved, directing that the revenue-neutral approach would be used in rate setting.
• This approach maintains the level of revenue from each class, and ensures any changes apply consistently across classes of property.

• Rates for the RDOS and OSRHD are set by City Bylaw. This annual requisition funds various regional programs.
• Other taxing authorities collected by the city include BCA, MFA and SD67.
• Monies collected on behalf of these taxing authorities are in turn remitted back to the agencies to fund their programs.

To reduce the overall administrative cost of billing and collecting these other property taxes, we include these levies on the main tax notice sent to property owners each year.

2023 Property Tax Rates Summary

2022 Property Tax Rates Summary

2021 Property Tax Rates Summary

2020 Property Tax Rates Summary

2019 Property Tax Rates Summary

2018 Property Tax Rates Summary

2017 Tax Rate Summary

2016 Property Tax Rates Summary

2015 Property Tax Rates Summary

2014 Tax Rate Summary

2013 Property Tax Rates Summary

2012 Property Tax Rates Summary

2011 Property Tax Rates Summary

1984 - 2010 Property Tax Rates Summary