Understanding Property Taxes


The District of Tofino provides residents with many services which include water, sewer, drainage, transportation, parks, recreation, childcare, and protective services including bylaw, fire protection, and emergency planning.

Property taxes are the District’s main source of revenue to pay for the services provided. District Council determines the budget required to provide the services and a municipal tax rate is set to collect the necessary taxes.

On your Property Tax Bill there are levies from the Province of BC for school taxes and for other regional bodies including, Alberni-Clayoquot Regional District, Regional Hospital District, BC Assessment Authority, Regional Library, Municipal Finance Authority, and Police. These taxing authorities determine the amounts payable and the District collects on their behalf, remitting 100% of what is collected.

Property taxes are calculated by taking the assessed value of your property, divide by 1000 and multiply by the tax rate for the appropriate class.   


If the value of my property increases, does the District get extra revenue?

Changes in property values do not change the overall tax levy. The overall tax levy is set by Council by determining the revenue required to provide the services of the municipality.  The rates are then developed based on applying the overall budget amount proportionately, based on the proportion of assessments. 


Municipal Property Tax Rates

District Council determines the budget it needs to provide services to residents and businesses. Each year in May, a Property Tax Rate is set to collect the necessary taxes to pay for the many important services provided.

2017 TAX RATES (Dollars of Tax per $1000 of Taxable Value)

 

Municipal

Long Term
Debt

Capital and Infra Levy (C&I Levy)

Regional District

Regional Hospital

BC Assess.

Municipal Finance Authority

Regional Library

School

Police

Total rate by class

Residential

2.38742

0.07852

0.60985

0.47370

0.29478

0.0432

0.0002

0.14039

1.7285

0.2138

5.9704

Utilities

29.69253

0.97660

7.58481

1.65795

1.03173

0.4981

0.0007

1.74606

13.4000

0.7483

57.3368

Business Other

7.28264

0.23953

1.86031

1.16057

0.72221

0.1393

0.0005

0.42825

4.8000

0.5238

17.1571

Rec/Non-profit

11.54539

0.37973

2.94921

0.47370

0.29478

0.0432

0.0002

0.67892

2.7000

0.2138

19.2789

Farm

2.38742

0.07852

0.60985

0.47370

0.29478

0.0432

0.0002

0.14039

6.9000

0.2138

11.1419

  • Click here for 2016 Tax Rates 
  • Click here for 2015 Tax Rates
  • Click here for 2014 Tax Rates
  • Click here for 2013 Tax Rates
  • Click here for 2012 Tax Rates

For historic tax rates please contact the District office.


Tax Deferment

Tax Deferment programs are administered by the Province of British Columbia. For further information about the programs, please contact the Province of BC - Property Tax Deferment Programs.


Contact Us

Finance Department
Municipal Office
(T) 250-725-3229
(F) 250-725-3775
(E) finance@tofino.ca