Colwood City Hall (Black Press file photo)

Average Colwood homeowner will see about $56 municipal tax increase

Property taxes due by July 2

Property tax notices for Colwood residents are in the mail and the average residential property will see an increase of about $56 on the municipal portion of taxes.

The property tax rate — set by Council each year — combined with an assessed property value determines the amount of property tax payable each year.

Less than half of the revenue from property taxes is controlled by the City of Colwood. Funds collected for other government agencies are passed on to them, making the system more efficient for residents.

READ ALSO: Average Colwood homeowner may see tax increase of about $52

Annually, the City of Colwood collects about $30 million in property tax. About $15 million is collected on behalf of other government agencies like the Province of B.C. and school districts, the CRD, West Shore Parks & Recreation Society, Capital Regional Hospital District, BC Transit, Greater Victoria Public Library, and the BC Assessment Authority and Municipal Finance Authority.

The close to $15 million retained by the City funds services like police and fire protection, street lighting, road and drainage maintenance, operating parks and recreational facilities and planning and managing city developments and enhancements, according to the City of Colwood website.

Colwood Mayor Rob Martin said a portion of the tax increase — which is about 2.9 per cent for the average homeowner — is due to the introduction of the Employer Health Tax.

In February, Martin said community growth is also going to contribute to the tax increase, however, as development moves into the City the numbers will stabilize.

READ ALSO: West Shore property taxes see big jump in 2019 CRD financial plan

“We’re growing and we’re growing fast,” Martin said. “We’re going to see some short-term pressures from a tax lift standpoint.”

Factors contributing to the 2.9 per cent increase in 2019 are core operating budget increases, the City’s Sustainable Infrastructure Replacement Plan, an increase to reserve transfers and an allowance for tax appeals if necessary.

Property taxes are due by July 2, 2019. Homeowner grants can be claimed at

The taxes can be paid through online banking, in person at City Hall, through a 24-hour drop box at City Hall, at your bank, mailed to 3300 Wishart Rd. V9X 1R1, through your mortgage lender or through a tax deferral program.

More details about the 2019 to 2023 Financial Plan can be found at

Like us on Facebook and follow us on Twitter

Just Posted

‘Best in the country’: Formerly homeless man praises Victoria’s outreach services

Jay W. was living on the streets of downtown Victoria in 2018

City of Victoria plans workshop to determine fate of Sir John A. Macdonald statue

Conversations will happen as part of a reconciliation dialogue series in May 2020

Time-lapse video shows weekend work on McKenzie Interchange project

Construction crews place concrete underpass bridge beams

Years of ‘horrific, violent accidents’ at Thetis Lake prompt plea to public

View Royal fire chief asks for an end to alcohol consumption at busy park

Watchdog group says Saanich council needs a ‘reality check’ about taxes

Grumpy Taxpayer$ of Greater Victoria warns of eroding housing affordability in Saanich

VIDEO: Man found dead near B.C. teens’ truck could be linked to a double homicide

RCMP said they are looking for Kam McLeod, 19, and Bryer Schmegelsky, 18, of Port Alberni

Latest plan is to fly trapped fish by helicopter over Big Bar slide

Multi-pronged plan set in motion to freesalmon blocked by landslide in the Fraser River

Family of missing B.C. senior with dementia frustrated with situation, heartened by community support

Nine days since Grace was last seen the question remains: ‘How can an 86-year-old just disappear?’

Police ask for help locating missing men last seen in South Surrey

Jeep that Richard Scurr and Ryan Provencher were in has been located unoccupied in Logan Lake: RCMP

Okanagan Air Cadet challenges gender-exclusive haircut policy

Haircut regulation inspires challenge around gender identity

VIDEO: Bystander training gains traction as tool to prevent sexual harassment, violence

Julia Gartley was sexually assaulted after an event, and no one stepped in to help

Sexual assaults, extortion on the rise even as crime rates stay low: Stats Canada

Rates of police-reported sexual assault rose for the fourth year in a row

Vancouver Island teens missing after vehicle found ablaze near Dease Lake, BC

RCMP say a body discovered nearby not one of the missing teens

Most Read