Property Taxes and Municipal Utilities
2017 Property Assessment Notices
BC Assessment Notices will be delivered to homes in the coming weeks. BC Assessment Authority assesses an assessment value (Market value) on all properties in BC. These 2017 assessment values are as of July 1, 2016. If you have concerns or questions about your property assessment, please check out the Understanding the Process page on BC Assessment’s website.
Check out your neighbourhood’s assessed values: evaluebc.bcassessment.ca
Deadline to appeal your property assessment is January 31, 2017.
Relationship between Property Assessments and Property Taxes
By law, municipalities are not allowed to collect more property tax revenue than what is needed to balance their budget. Therefore, staff recalculate the tax rate each year for each property class to ensure only the tax revenue needed is collected, taking into consideration the change in assessment values.
- If the District’s total assessment base increases, the tax rate will decrease; OR
- If the District’s total assessment base decreases, the tax rate will increase
Individual property tax increases may be higher or lower depending on the change in your property assessment value over 2016. If your property’s assessment value increased by the District average of 33.22%, your general municipal property taxes should increase by approximately 3.7% (the increase Council approved for 2017), but if your property assessment value change was higher or lower than the District average (33.22%), your general municipal property taxes will vary accordingly.
To see what percentage your assessment increased by, complete our Assessment Increase Calculator:
The City of Richmond and BC Assessment have both put out excellent videos explaining the relationship between property assessments and property taxes. Click on the toggle below to open the video player.
Understanding Assessments & Property Taxes
Click on the Play button to begin playing the video.
Property Taxes 101 – City of Richmond
Understanding Property Assessments & Property Taxes – BC Assessment
2016 Property Tax Due Date WAS Monday, July 4
Please note that the Property Tax Due Date has passed and a 10% penalty has been applied to all unpaid 2016 property tax amounts, including unclaimed Home Owner Grants (if applicable) as of July 5, 2016.
The 2016 Property Tax Notices were mailed out to all those who own property in Mission at the end of May. Property tax payments and eligible Home Owner Grant applications were both due on Monday, July 4, 2016 to avoid the 10% penalty.
2016 Home Owner Grant
You can no longer claim the 2016 Home Owner Grant. However, if you did not claim your 2016 Home Owner Grant, and you qualify, you can apply for a Retro Home Owner Grant. Please complete the Retro Home Owner Grant form and submit it to the District’s Finance Department, including all applicable documentation.
For more information on the home owner grant, please refer to the Home Owner Grant Explanatory Notes.
Avoid the Line-ups!
During the last week before taxes are due (July 4th) there are typically long line-ups at the Municipal Hall of people coming in to pay their taxes. Avoid the line-ups by claiming your home owner grant online, paying your property taxes using your financial institution’s online banking or telephone banking services.
Consider signing up for the District’s Pre-Authorized Debit Plan to prepay your property taxes.
Or alternatively, mail in a post-dated cheque (dated July 4, 2017), along with your completed home owner grant application prior to June 16th.
Are You a New Home Owner?
If you have purchased property in Mission or plan to purchase one in 2017, you need to be familiar with your property tax obligation as recorded in your Purchaser’s Statement of Adjustments (contact your Lawyer or Notary for details).
If the 2016 property tax notice (mailed out in late May 2016) is in the name of the previous owner or you do not receive a copy of the notice by the first week in June, please visit Municipal Hall and bring your certified Land Title Registration Number (Form A – Freehold Transfer Form). This form will verify ownership allowing you to claim the Home Owner Grant (if eligible).
Important Dates and Deadlines
January 31, 2017
- Last day to appeal your 2017 Property Assessment.
July 4, 2017
- Property Tax Payments due date to avoid a penalty
- Home Owner Grant due date to avoid a penalty – claim now
- Property Tax Deferment Applications due date
- Last day to avoid the 10% penalty on 2017 property taxes and utilities owing
- Pre-authorized Debit Plan (PADP) deductions start for 2018 property taxes (August 2017 to May 2018) on the 15th of each month
- Any changes (i.e. banking information or pre-authorized amount) must be received by the 5th of each month
September 1, 2017
- Last day to have delinquent property taxes and interest paid to avoid property being reported in the newspaper
September 22, 2017
- Last day to pay your delinquent property taxes and interest to avoid tax sale
September 25, 2016
- Tax Sale Day (10:00 am in Council Chambers)
December 29, 2017