Tax Rates

How tax rates are calculated

The amount of funds the District of Sechelt needs to collect, to provide services, is divided between all the properties in Sechelt. The value of the properties is determined by BC Assessment which then is used to get the tax rate. The District divides the total amount needed to operate the town, by the total valuation for all properties in Sechelt. Different rates, called multipliers, are applied for the different property classes. Council decides the multipliers for all property classes. The amount of tax each property equals the property value x tax rate x multiplier. BC Assessment created this video to explain the process.

2024 Budget

• A 1% tax increase equals approximately $20.89 on a residential property with an assessed value of $994,039.

Here's a property example:

For a residential property, if a property was assessed at $994,039, the 2024 property tax increase was $7.71% to balance the operational budget. The residential property would have seen a tax increase of approximately $161.00 over the prior year.

For further information on taxes, please email us.