Property taxes are calculated by applying the tax rate, which is approved by City Council, to the assessed value of your home, which is determined by BC Assessment. Read below for an explanation of how the City's tax rates are set, followed by some links to specific web pages and videos provided by BC Assessment.
There are several factors that affect the City's tax rates. Here are four key factors that we also outlined in our Spring 2019 edition of the new City Newsletter.
How are property tax rates calculated?
- City Operations: The City needs to collect from citizens in order to operate–that is, to balance the necessary costs and priorities while maintaining the service levels that our community expects. Citizens are invited to provide feedback during the budget process. Council approves the budget in March, and tax rates are subsequently set.
- Hospital and School Taxes: The City collects taxes for external authorities like the hospital and the school district. Taxes for these external entities are not set by the City. However, for ease of collection, the City collects the specific amount of taxes along with property taxes in order to disburse the funds on taxpayers’ behalf.
- External Factors: Certain costs are out of the City’s control, yet they affect property tax rates. Examples include the fluctuating cost of services like insurance and hydro. As a corporate customer of ICBC and BC Hydro, the City, like individuals and families, is faced with covering any rising costs due to rate increases.
- Value of Your Home: Your total property tax amount depends on the assessed value of your home, which is determined by BC Assessment. The City then applies the Council-approved tax rate to a property’s assessed value. The City of Kamloops 2019 residential tax rate is $4.98 per $1,000 of assessed value.
Below are links to web pages and videos from BC Assessment that further explain property taxes:
- Property Assessments and Property Taxes: A not-so complicated relationship
- The Property Tax Equation
- How BC Assessment works
- How are Property Taxes Calculated?
- Understanding Property Assessments & Property Taxes
- Your Property Value Change and Property Taxes
- How are Taxes Calculated if Assessment Values Change?
Your Property Tax Notice displays a considerable amount of detailed information. To help understand it better, view a sample tax notice with descriptions.
Follow the 3 Step Payment Check List:
- Select which column you need to pay on your property tax bill - Column A, B or C.
- Make your payment. Click here for property tax payment options or refer to all payment options on the reverse of your bill.
- Claim your Home Owner Grant (if eligible). Review the eligibility criteria on the reverse of your bill and view the sample property tax notice for help with understanding which grant you may be eligible for. Click here for a list of ways you can apply for your Home Owner Grant (HOG).
To avoid penalties and interest, please remember the following:
- Correctly completed HOG applications and payments must be received at the City by the due date.
- To receive the grant, you must apply for the grant each year.
- You may claim your grant without making a tax payment.
- Postmark date is not accepted as proof of payment.
- Mail lost or delayed due to disruption in postal/courier service will be subject to penalty.
- For payments remitted at your bank, online, or third party payments, please allow for sufficient time for your payment to be received. Your payment is not received at the City the same day you make your payment.
Yes, you can access your property tax account 24/7 with a "MyCity" account. Check your property tax account balance and Home Owner Grant status, view current & past tax information, payment history, and property assessment values. All you need is your tax notice or folio number & access code, an email address & a computer.
No, the amount of taxes on your bill cannot be appealed. Your total property tax amound depends on the assessed value of your home, which is determined by BC Assessment. If you wish, you may appeal your assessment through BC Assessment. Your assessment notice is mailed to you at the beginning of January each year.
Claim your Home Owner Grant (if eligible), and send it in with a partial payment, or no payment before the due date. You will receive a penalty only on the outstanding balance as of the due date and then there will be no more charges until January 1. On January 1, outstanding balances are charged daily interest.
No. The City of Kamloops has no authority to waive or alter the penalty amounts. Municipalities are governed by provincial legislation which states a penalty must be applied on any outstanding balance (including unclaimed home owner grants) after the due date.
The Home Owner Grant is considered taxes owing until claimed. If the grant application is received or applied for after the due date the 10% penalty will be applied. The home owner grant must be applied for each year.
Property Tax Notices are mailed the last week of May. Non-receipt of a tax notice does not excuse a property owner from payment. Past due payments and Home Owner Grant applications will be subject to a 10% penalty, levied July 3, 2019.
If you do not receive a tax notice, please contact:
City of Kamloops Revenue Division
7 Victoria Street West
Kamloops, BC V2C 1A2
Property Tax Notices are mailed to the property address listed with BC Assessment. If you own a property but do not reside there, or if you need to update your mailing address, you need to notify BC Assessment to have your Property Tax Notice mailed to your current address. If you sold the property, then no action is required.
To file an address change you will need your Assessment Roll Number. You can find it on your Property Tax Notice - (FOLIO NUMBER), or on your Assessment Notice (ROLL). Both of these numbers are located in the top right hand corner of your statement.
Other information (for Kamloops) that you will need:
The Area Code is 23
The Jurisdiction is 212.
Notify BC Assessment by mail, phone or use their online Change of Address Form.
805 Renfrew Ave
Kamloops BC V2B 3X3
Toll free 1-866-825-8322