Nanaimo 2014 Property Tax Notices
Nanaimo residents are encouraged to check their mailboxes and email accounts for their 2014 Property Tax Notices that were sent out last week. This year’s due date is July 2nd.At its meeting held on Monday, May 12, Council approved the 2014 Tax Rate Bylaw settling on a 2.5% increase of taxes for the City of Nanaimo. Property Tax Notices will also include levies collected for other agencies such as the Regional District of Nanaimo, School District, and others.
The average Nanaimo home decreased from $342,615 to $335,454 and if your home value did decrease by the 2% this represents, you will see an increase in your taxes of 1.77%. If however, your home value is the same as last year you will see an increase in your taxes of 3.95%.
You are reminded to be sure to claim your home owners grant (if applicable) by the tax due date in order to avoid penalties.
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