Paying Your Property Taxes
Property tax notices are mailed in late May. The due date for the 2019 Property Taxes is Tuesday, July 2, 2019. To avoid a 10% penalty, payment of property taxes and completed Home Owner Grant must be received in the Municipal Office by July 2, 2019. If you have not received your property tax notice by late May or early June, please contact us at 604-886-2274 before the due date; it is the responsibility of the property owner to pay property taxes by the due date in order to avoid a penalty, whether or not a bill was received. New owners who have not received a property tax notice are advised to contact the Finance Department.
BC Assessment’s Role in Your Property Taxes
Property Taxes are calculated based on the assessed value of your property, which is provided by BC Assessment. The following helpful links and videos have been provided to us by BC Assessment and are a great place to start if you have questions about how the assessed value of your property affects your property taxes.
BC Assessment web links:
BC Assessment Videos:
If you have questions about your assessment, please contact BC Assessment directly at 1-866-825-8322 or visit their website.
The Role of Local Government in Your Property Taxes
Your property tax notice includes municipal taxes and levies from the Sunshine Coast Regional District and School District No. 46. The Town does not control rates for these taxing authorities, but acts as the collector on their behalf. Gibsons Council has control over the rate setting of municipal taxes only.
The graphic below shows that the Town of Gibsons retains just 44% of the total property taxes it collects. The balance is distributed to five other governmental agencies, which each set their own tax rates.
Where does the funding for the Town of Gibsons’ 2019 Budget come from?
The property taxes that the Town of Gibsons retains makes up approximately one-third of its annual operating revenues. The water and sewer user fees (which are billed twice annually via your Utility bill) make up about another third, with the additional operating revenue coming from grants, sales of service and other sources.
Where does the funding for the Town of Gibsons’ 2019 Budget go?
The operating revenue collected by the Town is used to fund a full range of municipal services, including water, sanitary sewer, infrastructure maintenance, planning services (such as issuing building and development permits) and the staffing required to deliver these services.
Property Tax Deferment Program:
Home owners may be eligible to defer payment of current year property taxes under the Land Tax Deferment Program administered by the Province. There are now two programs available:
1. Regular Property Tax Deferment – to qualify for this deferment, the home owner must:
- be the registered owner(s) of the home
- be 55 years of age or older OR a surviving spouse OR a person with disabilities as defined in the Regulations to the Land Tax Deferment Act
- be a Canadian citizen or permanent resident under the Immigration Act (Canada)
- have lived in British Columbia for at least one year immediately prior to applying
- apply on the home in which you live
- have a minimum equity of 25% in your home based on assessed values as determined by BC Assessment
- have a current fire insurance policy on your home
2. Property Tax Deferment Program for Families with Children – Qualifying homeowners who are financially supporting a dependent child under age 18 can apply to defer property taxes on their principal residence.
Additional information may be obtained from the Tax Deferment Branch website or by phone toll free at 1-800-663-7867.
Please note: if you do choose to defer your taxes, you are still required to claim your Homeowner Grant.
Property Tax Certificates:
Are you a lawyer or Notary Public looking for a Property Tax Certificate? Our Tax Certificates are conveniently available online through:
- myLTSA Enterprise:If you have an account, log in and from the main menu, select Service Providers and Order Tax Certificates. For more information about myLTSA or to become a customer, visit www.ltsa.ca
- APIC:If you prefer to pay for the tax certificate by credit card, please visit www.apicanada.com to open an account and order your Tax Certificate.
Annual Tax Sale:
In accordance with the Local Government Act the Town of Gibsons conducts the annual tax sale the last Monday in September by offering for sale by public auction each parcel of real property on which taxes are delinquent.