PROPERTY TAX ASSESSMENTS

More than 80,000 property owners in the Central Okanagan received their 2011 assessment notices last week.

Click here for BC Assessment’s 2011 Roll News Release for the Central Okanagan and the Provincial Media Backgrounder. These documents provide information on the Assessment Notices mailed to the property owners in this area during the week of January 1, 2011.

Please note that these news releases and those for other areas in BC can also be found on the public website at www.bcassessment.ca

Assessments are the estimate of a property’s market value as of July 1, 2010. This common valuation date ensures there is an equitable property assessment base for property taxation. The value of the provincial assessment role exceeds $1 trillion for the first time!