Coldstream delays property tax penalty for all

All tazpayers, including residential, business and industrial have until Oct. 1, 2020

Some North Okanagan taxpayers are getting more time to pay their bills.

The District of Coldstream has extended the property tax due date for all classes to Oct. 1, 2020 for those who need some extra time due to COVID-19 impacts.

“The property tax due date has been set as July 3, 2020 and all property owners are encouraged to pay their property taxes, if they are able, on or before the due date,” said Trevor Seibel, chief administrative officer. “The alternative tax scheme adopted by Council will extend the tax penalty date for all classes to October 1, 2020.”

The municipal tax increase for the 2020 budget is 3.5 per cent. For the average residential home assessed at approximately $635,221, (.82 per cent increase over 2019) it is estimated that the average property will pay an additional $58 (or $1.12 per week) based on the 2020 BC Assessment Revised Roll.

The provincial government recently announced that the tax penalty date applicable for business, commercial and industrial classes (Class 4, 5, 6, 7 and 8) would be extended to Oct 1, 2020. A 10 per cent fee will be applied after that.

“The alternative tax collection scheme adopted by council is consistent with the provincial announcement and provides the same benefit to all Coldstream taxpayers,” said Seibel.

More information will be provided with tax notices when they are mailed.

READ MORE: COVID-19: Vernon council offers one-time grant for taxpayers

READ MORE: Coldstream plans on re-opening parks


@VernonNews
newsroom@vernonmorningstar.com

Like us on Facebook and follow us on Twitter.

taxes

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

COVID-19: Coldstream district office set to open

Safety measures in place to protect staff, public upon June 1 reopening

Armstrong council reopens meetings to public at theatre

New location will allow appropriate physical distancing amid COVID-19 pandemic

Promoting downtown Vernon businesses the focus for 2020: DVA

Downtown Vernon Association holds AGM, plans to support biz move through pandemic

Bear fails to interrupt golfers in Vernon

‘It definitely was hard to putt with a bear that close, but we got it done’

Strong thunderstorms expected for Shuswap, Okanagan this weekend

Environment Canada meterologist also warns of heavy wind, rain and a potential for flooding

Only four new COVID-19 cases, 228 active across B.C.

Health officials watching as activities ramp up

Parts of the TCT through Princeton will open to motorized vehicles Monday

Parts of the KVR trail through Princeton will open for motorized vehicles… Continue reading

Feds looking at ways to reunite families amid COVID-19 border restrictions with U.S.

Some families with members of dual-citizenship have become separated due to the pandemic

‘I knew what he wanted’: Kootenay man spends hours in tree as black bear patrols below

Francis Levasseur is no stranger to the outdoors, but a recent run-in with a bear caused quite a scare

COVID cancelled their wedding plans, so they married on a BC mountaintop

Ceremony was live streamed to friends and family around the world

Mother duck and babies rescued from Highway 97 in Lake Country

The mother and nine ducklings were taken to Duck Lake

Chef brings farm-to-table approach to new Shuswap restaurant

Darren Bezanson opening Bistro 1460 at Hilltop Inn

Trudeau acknowledges racial unrest in U.S.; ‘We also have work to do in Canada’

‘Anti-black racism, racism, is real; it’s in the United States, but it’s also in Canada,’ Trudeau says

EDITORIAL: Revisiting alcohol consumption

A proposal to allow alcohol consumption in some public spaces in Penticton deserves consideration

Most Read