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White Rock tax rethink
White Rock homeowners may not see as big a jump in property taxes as expected.
The bump will be 2.36 per cent – instead of the 3.25 per cent approved in January – provided council approves an amendment to its 2014-2018 financial plan.
The dip would mean a property-tax increase of $70 for the average homeowner (compared to $96), and $25 for the average strata (compared to $35).
Council is to consider the change – due to more revenue from new development – this evening, after Peace Arch News’ press deadline.
Other items in the amended bylaw include an updated Epcor hydrant levy for 2014. The figure – $488,124 – is $122,601 higher than the last year's levy; a jump of 34 per cent.