April 23, 2024

Property taxes going up in Vancouver

Property taxes in Vancouver are going up.

The Vision-supported budget will result in a 2.75 percent tax increase, two percent of which is property tax, the rest a utilities increase.

Mayor Gregor Robertson says it’s good for residents, and the city.

“Keeping taxes low, I think just a two percent rate of inflation increase is very modest and respects the concerns that taxpayers have in these more challenging economic times”

The NPA took issue with parts of the budget.

Councillor George Affleck says the increase is too great and more than inflation.

 

CKNW Vancouver News

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