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When the annual budget is adopted by Council for the current
year, Council passes a Tax Rate Bylaw. This Bylaw sets a levy rate for
each class as defined on the BC Assessment Roll. This levy must be
sufficient to raise revenue to pay all debts and obligations of the
District falling due within the year. This rate applies to each $1,000
of taxable assessment value of land and improvements. This rate is
referred to as the General Tax Levy.
The District of Mission is not the only authority that taxes
properties in the District. Six other taxing authorities derive a
portion of their annual revenue from the property base.
The District of Mission has no or little control over these other
taxing authorities’ levies. However, to reduce the administrative cost
of billing and collecting these other property taxes, the District of
Mission includes these levies on the property tax notice sent to
property owners each year.
What are assessment values and how is my property assessed?
The assessed value of a property and improvements are determined
by BC Assessment. BC Assessment is an independent agency created by
the Provincial Government for the purpose of valuing all properties in
BC for taxation purposes. It is important to check all details on the
Property Assessment Notice when you receive it.
You can search the assessed value of any property in BC online; by going to: evaluebc.bcassessment.ca and type in the address.
For questions or concerns regarding your property’s assessed value, contact BC Assessment.
The District determines property taxes by applying the assessed value
of properties from BC Assessment to the current tax rate(s) to arrive
at the amount of taxes owing each year. You cannot appeal property
taxes, but you can appeal your assessment. Visit BC Assessment’s
website for appeal process, deadlines, and details.