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Municipal Property Taxes


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#361 Nparker

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Posted 16 March 2023 - 02:52 PM

That might have been in a different thread.  ;)



#362 Ismo07

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Posted 16 March 2023 - 03:04 PM

You have to split out the municipal portion from the entire tax bill. The City of Victoria does not control the other line items.

Run those numbers again for only the municipal portion, then compare those.

 

Yes we did talk about that.  I don't think I can see that breakdown historically but are you suggesting that those didn't go up by very much each year?  Have you got access to your moms 2012 Property Tax notice?  It's an interesting point.

 

So the City portion of my taxes were $1406.45 in 2022.  We are thinking in 2012 they were $1004.61 (down 40%).  Then all my other school taxes and levies increased to $824.54 from $785 in those 10 years?  I guess a $40 increase seems plausible...  I've never looked at it like that.


Edited by Ismo07, 16 March 2023 - 03:28 PM.


#363 JohnsonStBridge

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Posted 16 March 2023 - 03:36 PM

No need to dig up property tax notices from 10 years ago or do back of the napkin math. The Province publishes all of this data going back to 2005 for taxes on a representative house by municipality and broken out by school, municipal, regional district, hospital taxes etc.

 

City of Victoria taxes indeed have increased by 44% over a 10 year time frame from 2012 to 2022. This is only the 9th highest increase over this time frame in the CRD. Oak Bay saw a whooping 79% increase, Langford saw a 71% increase, and Saanich 53% for comparative. Esquimalt wins by holding their property tax increases to the lowest increase of just 26%.


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#364 Victoria Watcher

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Posted 16 March 2023 - 03:39 PM

No need to dig up property tax notices from 10 years ago or do back of the napkin math. The Province publishes all of this data going back to 2005 for taxes on a representative house by municipality and broken out by school, municipal, regional district, hospital taxes etc.

 

City of Victoria taxes indeed have increased by 44% over a 10 year time frame from 2012 to 2022. This is only the 9th highest increase over this time frame in the CRD. Oak Bay saw a whooping 79% increase, Langford saw a 71% increase, and Saanich 53% for comparative. Esquimalt wins by holding their property tax increases to the lowest increase of just 26%.

 

The Bridge FTW!


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#365 LJ

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Posted 16 March 2023 - 07:46 PM

Haven't seen too many "progressive" municipal governments raise taxes above inflation. But I can give you the example of a more conservative leadership that campaigned on lower tax but in the end decided to go for a 10% tax increases. And that government would be ABC in Vancouver.

ABC pretended to be conservative, post election they turned out to be progressive.


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#366 Nparker

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Posted 16 March 2023 - 07:52 PM

Did they even pretend to be conservative or did they just appear that way based on the actions of their predecessors?



#367 Victoria Watcher

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Posted 17 March 2023 - 02:07 AM

Victoria city council appears to have trimmed the city’s 2023 operations budget enough to reduce the expected tax increase for property owners to six per cent.

 

Council voted Thursday to save $1.5 million in spending by reducing this year’s contribution to the parking reserve fund by $500,000 and its contribution to the debt reduction reserve by $1 million, the effect of which would drop the expected tax rise this year to six per cent. The motion also called for council to restore the funds in next year’s budget.

 

https://www.timescol...d-of-69-6714502

 

screenshot-docs.google.com-2023.03.17-06_08_21.png

 

 

 


Edited by Victoria Watcher, 17 March 2023 - 02:08 AM.


#368 Sparky

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Posted 17 March 2023 - 04:51 AM

^ So no decrease in the requested police budget? 



#369 LJ

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Posted 18 March 2023 - 07:26 PM

Did they even pretend to be conservative or did they just appear that way based on the actions of their predecessors?

They quite clearly indicated they were moderately conservative.


Life's a journey......so roll down the window and enjoy the breeze.

 



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