Utilities (water user & waste collection) and Property Taxes
Lions Bay utilities (water user and waste collecdtion) tax notices are mailed to home owners in early March. Payment is due March 31 and if paid on time, home owners receive a prompt payment discount. In 2008 the gross water, garbage and recycling rate is $750 per home with a prompt payment discount of $35 for a net amount payable of $715.
Lions Bay property tax notices were mailed in early June. Property taxes are due on or before July 14 of the current year. If the property tax payments are received after July 14 of the current year a 10% penalty is applied. Home Owner Grants are available to qualifying homeowners to reduce the Basic School Tax Levy. The application is on the reverse at the bottom of the property tax notice. The following tax rates applied to properties in Lions Bay in 2008:
Property Tax Levies - Residential Tax rate
Local School Levy 1.2584
Municipal Tax - General 1.1300
Municipal Tax - Fire Protection 0.3700
GVTA (Greater Vancouver Transit Authority) 0.3381
GVRD (Greater Vancouver Regional District) 0.0661
BC Assessment Authority 0.0615
Municipal Finance Authority 0.0002
Small Community Policing 0.1467
Total Tax Rate - residential 3.3710
Water Parcel Tax (including Brunswick Beach) $365.00
In addition homeowners in Kelvin Grove also pay a sewer parcel tax
and sewer user tax. The rates for 2008 are:
Sewer parcel tax $120.00
Sewer user tax $350.00
2007 Audited Financial Statements
2007 Corporate Report
2008-2012 Consolidated Financial Plan
